Loop upgraded Baidu's rating to Buy and raised its target price to $290.

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Loop upgraded Baidu's rating to Buy and raised its target price to $290.

新浪财经2021-03-29

Loop Capital Markets willBaiduThe rating was upgraded from hold to buy due to its autonomous vehicle business and its relatively positive valuation after a recent decline.

Last week, Baidu's US-listed shares fell 19%, and analyst Rob Sanderson wrote that this was "an excellent opportunity to accumulate the stock."

Loop is optimistic about Baidu's Apollo business, stating that it is "far ahead in the commercialization of autonomous vehicles in China by many indicators."

The company wrote that the overall economic recovery will also support its search advertising business.

The price target has been raised from $210 to $290.

In addition, ARK Investment Management purchased a total of approximately 480,000 Baidu shares through three different ETFs.

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狐假虎威85
·2021-03-29
666
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CalebNgor
·2021-03-29
敢敢進，加油
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href=\"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/usstock/c/2021-03-29/doc-ikknscsk3969592.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/68a814138696b6daf296c3939a776531","relate_stocks":{"09888":"百度集团-W","BIDU":"百度"},"source_url":"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/usstock/c/2021-03-29/doc-ikknscsk3969592.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2123959258","content_text":"Loop Capital Markets将百度评级从持有上调至买入，原因是其自动驾驶汽车业务，以及近期下跌后估值比较理想。\n上周，百度在美上市股票下跌了19%，分析师Rob Sanderson写道，这是“积累该股票的绝佳机会”。\n\nLoop看好百度的Apollo业务，称该业务“从许多指标来看，都在中国自动驾驶汽车的商业化进程中遥遥领先”。\n该公司写道，整体经济复苏也将支持该公司的搜索广告业务。\n目标价从210美元上调至290美元。\n另外，ARK Investment 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21:24","market":"hk","language":"zh","title":"Loop upgraded Baidu's rating to Buy and raised its target price to $290.","url":"https://stock-news.laohu8.com/highlight/detail?id=2123959258","media":"新浪财经","summary":"Loop Capital Markets将百度评级从持有上调至买入，原因是其自动驾驶汽车业务，以及近期下跌后估值比较理想。\n上周，百度在美上市股票下跌了19%，分析师Rob Sanderson写道，这","content":"<p>Loop Capital Markets will<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>The rating was upgraded from hold to buy due to its autonomous vehicle business and its relatively positive valuation after a recent decline.</p><p>Last week, Baidu's US-listed shares fell 19%, and analyst Rob Sanderson wrote that this was \"an excellent opportunity to accumulate the stock.\"</p><p><img src=\"https://static.tigerbbs.com/7646c32fd676550eb967501489a9e08a\" tg-width=\"840\" tg-height=\"470\"></p><p>Loop is optimistic about Baidu's Apollo business, stating that it is \"far ahead in the commercialization of autonomous vehicles in China by many indicators.\"</p><p>The company wrote that the overall economic recovery will also support its search advertising business.</p><p>The price target has been raised from $210 to $290.</p><p>In addition, ARK Investment Management purchased a total of approximately 480,000 Baidu shares through three different ETFs.</p>","source":"sina_symbol","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Loop upgraded Baidu's rating to Buy and raised its target price to $290.</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLoop upgraded Baidu's rating to Buy and raised its target price to $290.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-03-29 21:24</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Loop Capital Markets will<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>The rating was upgraded from hold to buy due to its autonomous vehicle business and its relatively positive valuation after a recent decline.</p><p>Last week, Baidu's US-listed shares fell 19%, and analyst Rob Sanderson wrote that this was \"an excellent opportunity to accumulate the stock.\"</p><p><img src=\"https://static.tigerbbs.com/7646c32fd676550eb967501489a9e08a\" tg-width=\"840\" tg-height=\"470\"></p><p>Loop is optimistic about Baidu's Apollo business, stating that it is \"far ahead in the commercialization of autonomous vehicles in China by many indicators.\"</p><p>The company wrote that the overall economic recovery will also support its search advertising business.</p><p>The price target has been raised from $210 to $290.</p><p>In addition, ARK Investment Management purchased a total of approximately 480,000 Baidu shares through three different ETFs.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/usstock/c/2021-03-29/doc-ikknscsk3969592.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/68a814138696b6daf296c3939a776531","relate_stocks":{"09888":"百度集团-W","BIDU":"百度"},"source_url":"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/usstock/c/2021-03-29/doc-ikknscsk3969592.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2123959258","content_text":"Loop Capital Markets将百度评级从持有上调至买入，原因是其自动驾驶汽车业务，以及近期下跌后估值比较理想。\n上周，百度在美上市股票下跌了19%，分析师Rob Sanderson写道，这是“积累该股票的绝佳机会”。\n\nLoop看好百度的Apollo业务，称该业务“从许多指标来看，都在中国自动驾驶汽车的商业化进程中遥遥领先”。\n该公司写道，整体经济复苏也将支持该公司的搜索广告业务。\n目标价从210美元上调至290美元。\n另外，ARK Investment Management通过三个不同的ETF购入总计约48万股百度股份。","news_type":1,"symbols_score_info":{"BIDU":0.9,"09888":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":false,"newsSizeData":{"likeSize":8,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}