Citron Research tweeted: “$BIDU should trade to $210. It remains the most underappreciated name in AI. Despite being the clear leader in AI in China, their stock is trading at a historically low multiple. The China slump WILL end. Citron recommends investors look at the work of Fawne Jiang at Benchmark who is cloest to the story with a $210 price Target. She has best grasp on the scope of BIDU”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on BIDU:
- Baidu call volume above normal and directionally bullish
- Appaloosa takes new position in Oracle, boosts Amazon, Microsoft stakes
- 5 Best Chinese Stocks to Buy Now, According to Analysts – February 2024
- Baidu (NASDAQ:BIDU) Teams Up with Lenovo in Smartphone AI Deal
- Baidu price target lowered to $155 from $160 at Loop Capital
