Baidu.com (NASDAQ: BIDU) had its target price trimmed by Goldman Sachs from $135.00 to $89.00 in a report issued on Tuesday. They currently have a neutral rating on the stock.
Shares of Baidu.com traded up 0.36% during mid-day trading on Tuesday, hitting $88.77. Baidu.com has a one year low of $85.96 and a one year high of $154.15. The stock’s 50-day moving average is currently $103.8. The company has a market cap of $31.039 billion and a P/E ratio of 18.59.
Several other analysts have also recently commented on the stock. Analysts at Nomura cut their price target on shares of Baidu.com from $150.00 to $128.00 in a research note to investors on Wednesday, February 6th. They now have a buy rating on the stock. Separately, analysts at Maxim Group reiterated a sell rating on shares of Baidu.com in a research note to investors on Tuesday, February 5th. Finally, analysts at Brean Murray reiterated a buy rating on shares of Baidu.com in a research note to investors on Tuesday, February 5th. They now have a $120.00 price target on the stock, down previously from $125.00.
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