Cracking The Code: Understanding Analyst Reviews For Baidu
Portfolio Pulse from Benzinga Insights
Over the last three months, 8 analysts have shared their evaluations of Baidu (NASDAQ:BIDU), with a mix of bullish and bearish outlooks. The average 12-month price target has decreased by 8.53% to $150.12. Several analysts have lowered their price targets and ratings for Baidu, reflecting changes in market conditions and company performance.
June 21, 2024 | 9:00 pm
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Analysts have mixed views on Baidu with recent price targets averaging $150.12, down 8.53% from the previous average. Several analysts have lowered their ratings and price targets, reflecting changes in market conditions and company performance.
The decrease in the average price target and the lowering of ratings by several analysts suggest a bearish short-term outlook for Baidu. This reflects changes in market conditions and company performance, which could negatively impact the stock price.
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