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Baidu To $180? Plus This Analyst Cuts PT On MacroGenics By 56%

Mizuho cut the price target on Baidu, Inc. (NASDAQ: BIDU) from $200 to $180. Mizuho analyst James Lee maintained the stock with a Buy rating. Baidu shares rose 2.5% to trade at $97.49 on Wednesday.
byLisa Levin
November 23, 2022
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  • Mizuho cut the price target on Baidu, Inc. (NASDAQ:BIDU) from $200 to $180. Mizuho analyst James Lee maintained the stock with a Buy rating. Baidu shares rose 2.5% to trade at $97.49 on Wednesday.
  • Citigroup slashed the price target on MacroGenics, Inc. (NASDAQ:MGNX) from $16 to $7. MacroGenics shares gained 1.6% to $6.28 on Wednesday.
  • Barclays raised the price target on American Eagle Outfitters, Inc. (NYSE:AEO) from $11 to $17. American Eagle shares rose 0.3% to trade at $15.40 on Wednesday.
  • Piper Sandler boosted the price target on Arvinas, Inc. (NASDAQ:ARVN) from $76 to $81. Arvinas shares rose 0.1% to $40.75 on Wednesday.
  • Goldman Sachs raised the price target for Best Buy Co., Inc. (NYSE:BBY) from $56 to $59. Best Buy shares rose 1.2% to trade at $80.83 on Wednesday.

Check out this: Gap, Coca-Cola And 2 Other Stocks Insiders Are Selling

 
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May 9, 11:52 AM
Palantir's first-quarter revenue increased 21% year-over-year to $634 million, beating the consensus estimate. However, the stock tumbled as investors reacted negatively to the company's light guidance for the second quarter and the full year. CNBC's Jim Cramer said he still believes Palantir is a strong company following the earnings report. "I like that conference call very, very much," Cramer said. "I say not to worry, that company is a good company to own right here, right now."

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