Is Baidu Stock Going to $130? 1 Wall Street Analyst Thinks So.
BIDUBIDU(BIDU) The Motley Fool·2024-05-15 20:15

The highly successful company might find it tough to post meaningful growth in the current environment. In the run-up to Baidu's (BIDU -2.12%) first-quarter results, scheduled to be published on Thursday, May 16, several analysts have tweaked their takes on the Chinese tech and internet giant. One who shaved $10 per share off his price target is nevertheless maintaining his bullish outlook. Here's why he thinks the company still has double-digit price-appreciation potential. Growth concerns The pundit in qu ...