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Baidu, Inc. Message Board

  • buylowandsellhigher buylowandsellhigher Sep 17, 2009 11:01 AM Flag

    downgrade in the works

    There could be one or two downgrades hit the Street in the next week. WHY??? simple...many of the analyst's target prices have recntly been met and exceeded this past week and they will be downgrading on valuation purposes only. If you have a one year price target of $400, and it hits it, you are inclined to tell your clients to move on to a better opportunity for appreciation.

172.82-3.86(-2.18%)Oct 26 4:00 PMEDT