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Baidu (BIDU) Gets Big Upgrade from JPMorgan: AI Chips and Cloud Now Driving the Story
Yahoo Finance· 2025-11-26 17:43
Baidu, Inc. (NASDAQ:BIDU) is one of the Hot AI Stocks to Keep on Your Radar. On November 24, JP Morgan upgraded the stock to “Overweight” from Neutral and raised its price target to $188.0 from $110.0. The firm is optimistic on BIDU, noting how AI and cloud are changing the narrative and becoming primary growth engines and value drivers for BIDU. According to analyst Alex Yao, market is currently underestimating the transition and that investors should buy into the stock now to capture the valuation rerat ...