SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Baidu (BIDU)
BIDU 123.83+2.8%Dec 19 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: manalagi who wrote (1482)3/15/2011 5:17:17 PM
From: manalagi  Read Replies (3) of 2098
 
As an honorary member of DENSA, I just cannot understand the logic of the following:

Credit Suisse reiterated Underperform rating on Baidu.com, Inc. (NASDAQ:BIDU), and raised price target from $85.20 to $99.

The analyst reiterated Underperform and yet increased the target price by $ 14. Today Baidu closed at $ 122.23. What am I missing?

cnanalyst.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext