News articles about Baidu (NASDAQ:BIDU) have been trending somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Baidu earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the information services provider an impact score of 46.663514290881 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment’s analysis:
- Are Facebook’s, Google’s, and China’s Interests Starting to Converge? (finance.yahoo.com)
- 2 Top Chinese Internet Stocks You Should Look At (finance.yahoo.com)
- Baidu Stock Analysis: Locked and Loaded for a Move Toward Higher Prices (profitconfidential.com)
- Inside Alphabet’s Fundamental Analysis (finance.yahoo.com)
- How China’s Financial Sector Crackdown Could Affect Alibaba (finance.yahoo.com)
A number of research firms recently weighed in on BIDU. ValuEngine upgraded shares of Baidu from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. BidaskClub upgraded shares of Baidu from a “sell” rating to a “hold” rating in a research report on Wednesday, February 21st. Zacks Investment Research upgraded shares of Baidu from a “strong sell” rating to a “hold” rating in a research report on Friday, February 16th. Morgan Stanley upgraded shares of Baidu from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $225.60 to $280.00 in a research report on Wednesday, February 14th. Finally, Daiwa Capital Markets upgraded shares of Baidu from a “hold” rating to an “outperform” rating in a research report on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $250.01.
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Baidu Company Profile
Baidu, Inc is a Chinese language Internet search provider. The Company offers a Chinese language search platform on its Baidu.com Website that enables users to find information online, including Webpages, news, images, documents and multimedia files, through links provided on its Website. In addition to serving individual Internet search users, the Company provides a platform for businesses to reach customers.
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