Susquehanna Baidus AI Strength Encouraging, Yet Stock Likely to Stay Rangebound
News Source : Yahoo Entertainment
News Summary
- Baidu, Inc. (NASDAQ:BIDU) is a Chinese internet giant and AI pioneer.
- Susquehanna raised its price target on the stock to $110.00 from $95.00, while maintaining a Neutral rating.
- The firm sees Baidu’s AI traction as promising, but cautions that near-term financial headwinds can limit upside.
- If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Baidu, Inc. (NASDAQBIDU) is one of the AI Stocks on the Markets Radar.On November 24, Susquehanna raised its price target on the stock to $110.00 from $95.00, while maintaining a Neutral rating. Th [+1384 chars]
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