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Enter Symbol:
 
Baidu.com, Inc. (BIDU) [hlAlert]

Rating:
Neutral BIDU

Baidu.com, Inc. (BIDU) upgraded to Neutral with price target $116 by HSBC Securities

Posted on: Monday,  Oct 25, 2010  8:25 AM ET by HSBC Securities

HSBC Securities rated Neutral Baidu.com, Inc. (NASDAQ: BIDU) on 10/25/2010. Previously HSBC Securities rated Underweight Baidu.com,
Inc. (NASDAQ: BIDU) on 06/19/2009., when the stock price was $29.96. Since then, Baidu.com, Inc. has gained 263.99% of its value until HSBC Securities rated BIDU Overweight on 10/25/2010, when the price was $109.05. .

Baidu.com is the leading Chinese language search engine. Baidu's mission is to provide the best way for people to find information online, including Chinese language web pages, news, images and multimedia files though links provided on our website. In addition to serving individual Internet search users, they also provide an effective platform for businesses to reach potential customers online. Their online marketing services include auction-based P4P and tailored solutions. They believe we were the first auction-based P4P service provider in China.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2013 8:25 AM Buy
None
133.49 166.00
as of 12/31/2010
1 Week   
1 Month   
3 Months down  -6.26 %
1 YTD down  -165.18 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/9/2012 8:25 AM Buy
None
131.07 157.00
8/9/2012 8:25 AM Buy
None
131.07 157.00
7/11/2012 8:25 AM Buy
None
110.34 154.00
7/27/2011 8:25 AM Buy
None
163.76 195.00
2/9/2011 8:25 AM Buy
None
123.01 158.00
10/25/2010 8:25 AM Hold
None
109.05 116.00
6/19/2009 8:25 AM Sell
None
29.96 24.40

(*) Stock Price at the time of the recommendation.
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