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Weekly Recap | Baidu +1.2%, consensus target above spot
Weekly Review·- Baidu shares rose 1.2 % this week to close at 85.33 USD amid wide fluctuations driven by broader tech sector sentiment rather than company-specific news. - Thirty-one institutions currently cover Baidu with a consensus buy rating and an average target price of 145.12 USD, reflecting a 70.06 % premium over the current price. - Next week's stock performance will likely be influenced by upcoming US macroeconomic data such as CPI inflation reports and overall market risk appetite.
