Mon, Oct 20, 2014, 9:21 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Baidu, Inc. Message Board

  • bruceoren bruceoren Oct 9, 2012 8:57 AM Flag

    Laughable CS downgrade

    $83 target for Credit Suisse? Really? That would bring the PEG down below 0.50 for a company growing its bottom line at better than a 60% yoy clip. Forward PE would fall well below S&P's average of 15. What are Credit Suisse's analysts using for their computer model, the Magic 8-Ball?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Downgrades such as this should be seen for what they are. An attempt to bring a stock price down based on nothing and for the purpose of buying in at a lower price. Each time this has happened the share price has rebounded nicely as it will this time. This downgrade is based on nothing and when earnings come out that are on target and guidance is strong these analyst will be no where to be found. Every time Baidu has reached a technical point when it was going to breakout to the upside they have slammed it with a downgrade. Don't tell me this wasn't all planned and communicated between the companies involved.

216.62+4.89(+2.31%)Oct 20 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.