Fawne Jiang, analyst at Benchmark Co, reiterated coverage on Baidu (NASDAQ:BIDU) in the Technology sector with a Buy rating. TipRanks.com has Jiang rated as a 5 star analyst with a 27% return on investment and a 64% success rate. Jiang has set a price target of $370.00.
TipRanks.com reports that NASDAQ:BIDU currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $337.60. The target pricing ranges from a high forecast of $400.00 down to a low forecast of $280.00.
NASDAQ:BIDU’s last closing price was $188.81 which would put the average price target at 78.80% upside.
In addition, TradingView issued a Buy rating for NASDAQ:BIDU over the next month.
Remember, securities are volatile, so please do your own research on NASDAQ:BIDU.
Other analysts covering NASDAQ:BIDU include:
- Hans Chung of Keybanc issued a buy rate with the price target of $332 on May 19th
- Elinor Leung of CLSA issued a buy rate with the price target of $335 on May 19th
- Bo Pei CFA of Oppenheimer issued a buy rate with the price target of $355 on May 19th
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