bullish
[Baidu (BIDU US) Target Price Change]: Better Recovery with Leading Position in AIGC
418 Views15 Apr 2023 08:40
We estimate that Baidu’s 1Q23/2023 bottom line would beat cons. by 13.2%/6.5%, mostly driven by better-than-expected recovery of ads business and cost-saving measures.
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Blue Lotus Research Institute
China growth and global non-US Internet equities
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- [Baidu (BIDU US, BUY, TP US$162) Earnings Review]: Online Ads Growth Will Remain Robust24 Aug 2023
- [Baidu, Inc. (BIDU US, BUY, TP US$162) TP Change]: Cut TP Due to Weaker Outlook in Ads and Cloud13 Jul 2023
- [Baidu (BIDU US, BUY, TP US$178) Target Price Change]: Maintain BUY for Faster Recovery and AIGC17 May 2023
- [Baidu (BIDU US) Target Price Change]: Margin Improvement Offsets R&D Increase27 Feb 2023
- Baidu (Bidu.US): AIGC to Bring More Potential and Empower Search Biz09 Feb 2023
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