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DBS Remains a Buy on Baidu, Inc. Class A (9888)

Tipranks - Tipranks - Thu Apr 16, 10:30PM CDT

In a report released today, Andy Yu CFA from DBS maintained a Buy rating on Baidu, Inc. Class A, with a price target of HK$177.00.

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According to TipRanks, Yu CFA is an analyst with an average return of -3.6% and a 30.63% success rate. Yu CFA covers the Technology sector, focusing on stocks such as VNET Group, Inc. Sponsored ADR, GDS Holdings Ltd., and Intuit.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Baidu, Inc. Class A with a HK$167.93 average price target.

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Based on Baidu, Inc. Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$29.4 billion and a net profit of HK$843.38 million. In comparison, last year the company earned a revenue of HK$34.12 billion and had a net profit of HK$5.19 billion

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