BIDU upgraded by Goldman: $273 target

[capmac]

Valuation

We raise our six-month target to $273 from $212 (DCF and P/E to normalized growth) to reflect more confidence in higher estimates. At $273, shares would trade at 30X our 2010E EPS of $9.10 and 42X 2009E EPS of $6.50.

 

[Daal]

This must be the first time you post a positive thing in the last 5 years

 

[gimp570]

Quote from capmac:

Valuation

We raise our six-month target to $273 from $212 (DCF and P/E to normalized growth) to reflect more confidence in higher estimates. At $273, shares would trade at 30X our 2010E EPS of $9.10 and 42X 2009E EPS of $6.50.

I think...(not to sound like a pumper) THat BIDU is going to be bigger than GOOG in the next 3 or 4 years....


CHINA is the key...time will tell

 

[S2007S]

SELL SELL SELL


BIDU HEADED BACK UNDER $200

 

[philldunkan]

you think this target makes sense with current market mood?

 

[gimp570]

BIDU seems like its going to be bigger than GOOG soon...


they seem to be getting closer everyday

 

[Optionpro007]

Quote from S2007S:

SELL SELL SELL


BIDU HEADED BACK UNDER $200

great call!

 

[Agassi]

Just do the OPPOSITE of whatever Goldman says and you will make money. Back last year, Goldman was predicitng oil to hit 200 and oil just came all the way down....

The insiders are probably selling it to all the dumb folks. ....pump and dump

 

[spinn]

unnnnnnnnnnnnnbelievable, a broker recomendation that worked!!!!

 

[ASusilovic]

Quote from Daal:

This must be the first time you post a positive thing in the last 5 years

Does that mean "strong buy" ?