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花旗:百度收入可能会受广告业务拖累 维持对该股的买入评级 并上调美国存托凭证目标价
BIDUBIDU(US:BIDU) Jin Rong Jie·2025-08-21 04:49

Group 1 - The core viewpoint of the article indicates that Baidu's revenue may be negatively impacted by its advertising business for the remainder of the year [1] - Citigroup forecasts a 23% year-over-year decline in Baidu's core advertising revenue for the third quarter, as AI-generated content increased to 64% in July [1] - Despite the challenges in advertising, Citigroup maintains a buy rating on Baidu's stock due to the strong growth momentum in its cloud and autonomous taxi businesses [1] Group 2 - Citigroup has raised the target price for Baidu's American Depositary Receipts from $140.00 to $143.00 [1]