Where Baidu Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have recently provided ratings for Baidu (NASDAQ:BIDU), with 4 bullish, 5 somewhat bullish, and no bearish ratings in the last quarter. The average 12-month price target for Baidu is $180.11, which is a 5.01% decrease from the previous target of $189.60. The high target is $210.00 and the low is $138.00. Analyst ratings are opinions based on financial analysis and are updated quarterly.
November 22, 2023 | 2:00 pm
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POSITIVE IMPACT
Baidu has received a majority of positive ratings from analysts, with an average 12-month price target of $180.11, representing a slight decrease from the previous target.
The predominance of bullish and somewhat bullish ratings suggests a positive sentiment among analysts, which could lead to increased investor confidence and a potential short-term uplift in BIDU's stock price. However, the decrease in the average price target might temper expectations slightly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100