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Guotai Haitong Remains a Buy on Baidu, Inc. Class A (9888)
Guotai Haitong analyst maintained a Buy rating on Baidu, Inc. Class A on March 6 and set a price target of HK$151.00.
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In a report released on March 3, J.P. Morgan also maintained a Buy rating on the stock with a HK$195.00 price target.
Based on Baidu, Inc. Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of HK$31.17 billion and a GAAP net loss of HK$11.23 billion. In comparison, last year the company earned a revenue of HK$33.56 billion and had a net profit of HK$7.63 billion
Read More on HK:9888:
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