BIDU is trading at $158.50 (+5.65%) following strong positive analyst coverage, including Zacks naming it the Bull of the Day and Citi raising its price target to $186.
- Zacks cited strong earnings revisions, a Q3 beat, and plans for an AI chip spin-off as primary drivers for the Bull of the Day designation.
- Citi maintained its Buy rating, focusing on Kunlunxin valuation and anticipation of upcoming Q4 results.
- The shares achieved a technical breakout to 52-week highs, aligning with a broader market rebound after yesterday's selloff.