Analysts Offer Insights on Communication Services Companies: Baidu (BIDU) and Telus (TU)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Baidu (BIDU) and Telus (TU).
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Baidu (BIDU)
J.P. Morgan analyst Alex Yao maintained a Buy rating on Baidu yesterday and set a price target of $230.00. The company’s shares closed last Friday at $127.79.
Yao has an average return of
According to TipRanks.com, Yao is ranked #3694 out of 12268 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Baidu with a $168.17 average price target, a 31.8% upside from current levels. In a report issued on May 8, Jefferies also maintained a Buy rating on the stock with a $181.00 price target.
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Telus (TU)
In a report released yesterday, Sebastiano Petti from J.P. Morgan maintained a Sell rating on Telus, with a price target of C$18.00. The company’s shares closed last Friday at $12.49.
According to TipRanks.com, Petti is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Telus with a $14.51 average price target.
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