Decoding 8 Analyst Evaluations For Baidu
Portfolio Pulse from Benzinga Insights
Baidu (NASDAQ:BIDU) has been analyzed by 8 analysts in the last quarter, showing a range of opinions from bullish to bearish. The average 12-month price target has dropped by 10.3% to $136.0. Analysts have mostly lowered their price targets and ratings, reflecting cautious sentiment.
August 13, 2024 | 9:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Baidu has received mixed analyst ratings with a notable 10.3% drop in the average 12-month price target to $136.0. Most analysts have lowered their price targets and ratings, indicating a cautious outlook on the stock.
The majority of analysts have lowered their price targets and ratings for Baidu, reflecting a cautious sentiment. This is likely to have a negative short-term impact on the stock price as investors may react to the lowered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100