Credit Agricole cut shares of Baidu.com (NASDAQ: BIDU) from an outperform rating to an underperform rating in a research note issued to investors on Wednesday. The firm currently has $105.00 target price on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs cut their price target on shares of Baidu.com from $135.00 to $89.00 in a research note to investors on Tuesday. They now have a neutral rating on the stock. Separately, 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. Finally, analysts at Maxim Group reiterated a sell rating on shares of Baidu.com in a research note to investors on Tuesday, February 5th.
Baidu.com opened at 88.77 on Wednesday. Baidu.com has a 1-year low of $85.96 and a 1-year high of $154.15. The stock’s 50-day moving average is currently $103.3. The company has a market cap of $31.039 billion and a price-to-earnings ratio of 18.66.
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