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Baidu, Inc. Class A (9888) Receives a Buy from China Merchants Securities
China Merchants Securities analyst maintained a Buy rating on Baidu, Inc. Class A yesterday and set a price target of HK$160.00.
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In a report released on July 17, J.P. Morgan also maintained a Buy rating on the stock with a HK$200.00 price target.
Based on Baidu, Inc. Class A’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of HK$31.79 billion and a net profit of HK$3.41 billion. In comparison, last year the company earned a revenue of HK$32.45 billion and had a net profit of HK$7.72 billion
Read More on HK:9888:
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