BIDU is trading 3% up now at $125.80 as the stock extends its sharp rally following a significant upgrade by JPMorgan, which continues to fuel positive investor sentiment regarding Baidu's AI and growth prospects. * The rally was initiated after JPMorgan upgraded Baidu to an Overweight rating. * The firm dramatically increased the price target from $110 to $188. * The initial upgrade on December 5, 2025, sent shares soaring by more than 7%, indicating strong follow-through buying interest today.