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Morgan Stanley Keeps Their Hold Rating on Baidu, Inc. Class A (9888)
In a report released on March 11, from Morgan Stanley maintained a Hold rating on Baidu, Inc. Class A, with a price target of HK$131.63.
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Currently, the analyst consensus on Baidu, Inc. Class A is a Strong Buy with an average price target of HK$177.27.
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
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- Baidu announces launch of DuClaw, a new zero-deployment service
- Baidu price target raised to $120 from $110 at Susquehanna
- Baidu price target lowered to $128 from $147 at Barclays
- Baidu: Stabilizing Profitability and Growing AI Offsets Amid Revenue Pressure Support a Hold Rating
- Baidu reports Q4 EPS $1.52 vs. $2.63 last year
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