Baidu Stock Has 70% Upside, According to 1 Wall Street Analyst
BIDUBIDU(BIDU) The Motley Fool·2024-04-10 22:21

Internet search continues to be a lucrative activity, especially in the massive Asian market.Baidu (BIDU -0.95%) stock could turn out to be a lucrative buy if a recent analysis of the big Chinese tech company is any indication. One analyst just cut her price target on the shares but still thinks they're quite the bargain. That's because the stock's valuations remain highly attractive, and the company is poised to grow more robustly than the domestic economy.Price slice on lowered ad revenue projectionsIn ea ...