- Shares of Baidu (NASDAQ:BIDU) have recovered entirely from their post-earnings decline as dip-buyers lift the stock +4.4%, to $213.61.
- A set of downgrades followed Baidu's light Q1 outlook: Stifel Nicolaus downgraded shares to Hold, and Brean Capital and Jefferies Group lowered price targets (to $250 and $253 respectively), but maintained Buy ratings.
- Volume on the shares has surpassed its daily average.
- More analyst outlooks
- Previously: Baidu tumbles below $200 on revenue miss, light Q1 outlook
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