The Traderszone Network

Published in TZ Latest News 21 July, 2016 by The TZ Newswire Staff

Is Baidu’s Next Stop $190?

Baidulab

Image source: Baidu.   

Credit Suisse is assuming coverage of Baidu (NASDAQ: BIDU) this morning. Analysts Evan Zhou and Angela Zhou have a bullish Outperform rating on the stock. Their price target of $190 assumes nearly 18% of near-term upside on Baidu stock as of yesterday’s close.   

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