Baidu, Inc. (NASDAQ:BIDU) ranks among the best hot AI stocks to buy right now. Jefferies retained its Buy rating on Baidu, Inc. (NASDAQ:BIDU) and raised its price target from $108 to $157 on September 17. The firm stated that Baidu has been acquiring major customers for AI collaboration, and that the company’s recent advancements in AI were the main cause of the higher valuation. Twin Design / Shutterstock.com Along with its advancements in Kunlun chip development, Jefferies emphasized Baidu’s expanding ...

Baidu attracts attention with its recent developments in AI, such as: (a) signings large customers on AI cooperation; (b) being ranked a key player in terms of market share in AI Cloud revenue and penetration at large customers; (c) Kunlun chip development. AI agents and digital human undergoing rapid sequential growth and Apollo Go expanding overseas. In our view, the focus on user experience in AI search transformation is reflected in the share price. Buy. What's new. Baidu signed a cooperation agreement ...

Baidu Inc. shares jumped by the most in more than three years in Hong Kong as optimism over its AI chip potential grows. The stock soared 16% in Hong Kong, the most since March 2022 and adding $6.4 billion in market value. The surge came after Arete Research Services LLP lifted its rating on Baidu’s American depositary receipts to buy from sell — it had held the only sell recommendation on the stock since it downgraded it last May. Most Read from Bloomberg Other analysts at firms including Citigroup I ...

Upgrades - Loop Capital upgraded Union Pacific (UNP) to Hold from Sell with a price target of $227, increased from $214, noting shares are down 5% year-to-date and valuation multiples are modestly above five-year lows [2] - BofA upgraded Prologis (PLD) to Buy from Neutral with a price target of $130, up from $118, citing improved lease conversion rates in Q3 compared to Q2 and positive demand-supply dynamics expected through 2026 [3] - Goldman Sachs upgraded Hershey (HSY) to Buy from Sell with a price target of $222, raised from $170, highlighting a compelling risk/reward scenario after multiple guidance reductions [4] - Arete upgraded Baidu (BIDU) to Buy from Sell with a price target of $143, emphasizing the potential of Baidu's Kunlun chip venture to offset challenges in its online advertising business [5] - Citizens JMP upgraded CoreWeave (CRWV) to Outperform from Market Perform with a price target of $180, projecting growth of its GPU-as-a-service business to an estimated $300 billion from $3 billion to $4 billion currently [4] Downgrades - TD Cowen downgraded Warner Bros. Discovery (WBD) to Hold from Buy with an unchanged price target of $14, expressing concerns about the stock's risk/reward after a recent rally [6] - Rothschild & Co Redburn downgraded Live Nation (LYV) to Neutral from Buy with a price target of $170, up from $144, indicating slower margin expansion and reduced earnings upside potential [6] - Stifel downgraded VF Corp. (VFC) to Hold from Buy with a price target of $16, increased from $15, stating that the stock's risk-reward is now balanced after a 12.5% one-month return [6] - JPMorgan downgraded Camp4 Therapeutics (CAMP) to Neutral from Overweight without a price target, noting early-stage challenges in its lead program despite a cash runway into 2027 [6] - JPMorgan downgraded Neumora Therapeutics (NMRA) to Underweight from Neutral without a price target, citing a failed Phase 3 trial for its treatment in major depressive disorder [6]