Here is what the major analysts have to say about Baidu:
Citi (Jason Breuschke): Buy ($420-odd target)
RBC Capital Markets : Hold ($420-odd target)
Susquehanna Financial (Ming Zhao): Buy (no target)
JP Morgan (Dick Wei): Buy ($400 target)
Piper Jaffray (Gene Munster): Buy
Bear Stearns: Buy (withdrew target numbers)
Goldman Sachs (Anthony Noto): Neutral ($310-odd target)
Maintained this for over 2 years.
Credit Suisse (Wallace Cheung): Underperform
Maintained this for over 2 years.
Morgan Stanley (Richard Ji): No opinion for way too long.
Recent bullish note on the Huawei joint research lab, but
no comments on the stock per-se for at least a year.
Summary report from "First Call" for 2008 and 2009
estimates:
First Call report on Baidu
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