Baidu downgraded at Morgan Stanley# Stock
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Baidu downgraded at Morgan Stanley
As previously reported, Morgan Stanley downgraded Baidu to Equal Weight from
Overweight. The firm downgraded shares due to lower than expected margins
due to increased investments. Price target cut to $179.50 from $185.40. Note
that Stifel upgraded shares to Buy today.
As previously reported, Morgan Stanley downgraded Baidu to Equal Weight from
Overweight. The firm downgraded shares due to lower than expected margins
due to increased investments. Price target cut to $179.50 from $185.40. Note
that Stifel upgraded shares to Buy today.
