baidu.com

We all witnessed the massive late day rally yesterday into the close. The Dow Jones Industrial Average surged higher by nearly 400.00 points in the final 45 minutes before the close at the New York Stock Exchange. The late day surge caused many traders to cover their short positions. When a trader...

Oppenheimer has published a report on Baidu.com (NASDAQ: BIDU) before the second half of the fiscal year. In the report, Oppenheimer wrote, "BIDU reported 2Q11 revenues of $528M and non-GAAP EPS of $0.74, significantly above our and consensus estimates. Strong revenue growth was mainly driven by...

Piper Jaffray reports that it views shares of Baidu.com (NASDAQ: BIDU) as meaningfully undervalued “given the recent pullback and are buyers at current levels.” “We believe shares of BIDU have been negatively impacted by corporate governance concerns in China as well as accounting concerns,” Piper...

Piper Jaffray has raised the price target on Baidu.com (NASDAQ: BIDU) from $143 to $181 and maintains its Overweight rating.

Citigroup has raised the price target on Baidu.com (NASDAQ: BIDU) from $135 to $177 and maintains its Buy rating.

J.P. Morgan is out with its report today on Baidu.com (NASDAQ: BIDU), maintaining Overweight and a $120 price target. In a note to clients, J.P. Morgan writes, "We maintain our Overweight rating on Baidu as it remains one of the dominant market leaders in China's online search market, which is...

Citigroup has raised the price target on Baidu.com (NASDAQ: BIDU) from $133 to $135 and maintains its Buy rating.

Piper Jaffray has raised the price target on Baidu.com (NASDAQ: BIDU) from $139 to $143 and maintains its Overweight rating.

Citigroup is maintaining its bullish view on Baidu, Inc. (NASDAQ: BIDU) and believes the drivers for 2011 will come from: “1) Organic growth and improvement in customer ARPU.” “2) Increased demand from E-commerce companies on keywords and display advs.” “3) Gradual ramp of contextual advs...

Piper Jaffray has published a research report on Baidu.com (NASDAQ: BIDU) following 3Q results that were ahead of expectations, causing Piper to upgrade the company to Overweight. In the report, Piper Jaffray writes "Following Baidu's Q3 report ahead of Street expectations, we are upgrading shares...

RBC Capital Markets has reiterated ratings and issued price target changes for the following: Jabil Circuit Inc. (NYSE: JBL) Outperform, from $22 to $18 Edwards Lifesciences (NYSE: EW) Outperform, from $60 to $77 Copart Inc. (NASDAQ: CPRT) Sector Perform, from $39 to $36 Baidu.com Inc. (NASDAQ:...