[ET Net News Agency, 25 November 2024] Macquarie lowered the target price for Baidu (09888) to HKD83 from HKD122 and maintained the "neutral" rating.
The research house said it lowers 2024E/25E EPS by 8%/20% to reflect the impact on Baidu's core ads from challenging macro headwinds ahead. (rc)
The research house said it lowers 2024E/25E EPS by 8%/20% to reflect the impact on Baidu's core ads from challenging macro headwinds ahead. (rc)