美股异动｜百度盘前涨约1% 获花旗看好并上调目标价

Core Viewpoint - Baidu has announced strategic partnerships with Uber and Lyft to expand its autonomous driving services in new markets, particularly in Europe, which is expected to enhance its commercial potential and core capabilities in the autonomous driving value chain [1]. Group 1: Strategic Partnerships - Baidu has formed a strategic cooperation with Lyft, following a previous partnership with Uber, aiming to deploy the sixth generation of autonomous vehicles in Germany and the UK by 2026 [1]. - The partnerships are expected to scale up operations in the European market to thousands of vehicles, facilitating the commercialization of autonomous driving [1]. Group 2: Market Impact and Analyst Insights - Citigroup analysts view the partnerships as a positive development for Baidu's Apollo Go, indicating the company's core capabilities in the autonomous driving sector [1]. - Following these announcements, Citigroup has raised Baidu's target price to $140 while maintaining a buy rating [1]. Group 3: Stock Performance - Baidu's pre-market stock price increased by 0.97% to $86.69, with a closing price of $85.86, reflecting a decrease of 2.03% on the previous trading day [1]. - The stock has a market capitalization of approximately $29.516 billion, with a price-to-earnings ratio of 9.36 and a price-to-book ratio of 0.786 [1].