Morgan Stanley likes Baidu's long-term potential as the industry pioneer in AI initiatives and autonomous driving.
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BIDU had a bullish price action on its earning report; therefore, I'm now finding entries for an expected pull back in May. Note
I'm now trading BIDU to the $175 zone.According to TipRanks, the average price target is $191.09 with a high forecast of $234.00 and a low forecast of $160.00. The average price target represents a 43.19% change from the last price of $133.45.
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updating my drawings on BIDU's daily chart ...Note
next stop $160
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.