BIDU upgraded by Goldman: $273 target

Discussion in 'Stocks' started by capmac, Apr 28, 2009.

  1. capmac

    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.
     
  2. Daal

    Daal

    This must be the first time you post a positive thing in the last 5 years :D
     
  3. gimp570

    gimp570


    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
     
  4. S2007S

    S2007S

    SELL SELL SELL


    BIDU HEADED BACK UNDER $200
     
  5. you think this target makes sense with current market mood?
     
  6. gimp570

    gimp570

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


    they seem to be getting closer everyday
     
  7. great call! :D
     
  8. Agassi

    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
     
  9. spinn

    spinn

    unnnnnnnnnnnnnbelievable, a broker recomendation that worked!!!!
     
  10. Does that mean "strong buy" ?:)
     
    #10     Jun 21, 2009