Barclays Reaffirms Equal Weight on Baidu (BIDU), Trims Target to $84
From Yahoo Finance: 2025-05-23 17:27:00
Barclays analyst Jiong Shao reaffirmed an “Equal Weight” rating on Baidu, Inc. (NASDAQ:BIDU) and trimmed the price target to $84 from $90. Baidu’s Q1 advertising revenue declined 6% year-over-year, overshadowing its strength in Cloud with the rise of AI cannibalization.
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Read more at Yahoo Finance: Barclays Reaffirms Equal Weight on Baidu (BIDU), Trims Target to $84