Core Insights - Baidu Inc. has been upgraded to "Outperform" by National Bank, with the current stock price at $110.95 [1][5] - Analysts show strong optimism towards Baidu, reflected in an average brokerage recommendation (ABR) of 1.68, indicating a position between Strong Buy and Buy [2][5] - Baidu's market capitalization is approximately $37.63 billion, indicating its significant market position [4][5] Analyst Sentiment - Out of 22 brokerage firms, 14 have rated Baidu as a Strong Buy, representing 63.6% of recommendations, while one rated it as a Buy, accounting for 4.6% [2] - The positive analyst sentiment is likely to influence Baidu's stock price [3] Stock Performance - Baidu's stock is currently priced at $110.95, reflecting a slight increase of 0.45%, or $0.50 [3] - The stock has fluctuated between $108.98 and $112.99 during the day, with a yearly high of $149.51 and a low of $74.71 [3] Market Metrics - Baidu's trading volume stands at 2,758,078 shares, indicating investor interest and liquidity in the stock [4]
Baidu Inc. (NASDAQ:BIDU) Stock Upgrade and Analyst Optimism