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Benzinga
Benzinga
Business
Anusuya Lahiri

Baidu's AI Cloud, Robotaxi Push Gain Speed Even As Ad Business Slows: Analyst

Baidu BIDU Baidu Inc Environment
Baidu

As the global tech landscape continues evolving, companies grapple with fluctuating advertising revenues and the challenges of integrating cutting-edge technology. Baidu Inc (NASDAQ:BIDU) faces hurdles and opportunities in this shifting environment.

Benchmark analyst Fawne Jiang maintained Baidu with a Buy and lowered the price target from $120 to $115.

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