Latest news with #JiongShao
Business Insider
28-05-2025
- Business
- Business Insider
Barclays Sticks to Its Buy Rating for PDD Holdings (PDD)
Barclays analyst Jiong Shao reiterated a Buy rating on PDD Holdings (PDD – Research Report) today and set a price target of $158.00. The company's shares closed today at $102.98. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Shao covers the Consumer Cyclical sector, focusing on stocks such as Sea, JD, and BYD Co. According to TipRanks, Shao has an average return of 12.5% and a 53.93% success rate on recommended stocks. Currently, the analyst consensus on PDD Holdings is a Moderate Buy with an average price target of $141.74, implying a 37.64% upside from current levels. In a report released today, Citi also maintained a Buy rating on the stock with a $152.00 price target.
Yahoo
23-05-2025
- Business
- Yahoo
Barclays Reaffirms Equal Weight on Baidu (BIDU), Trims Target to $84
We recently published a list of . In this article, we are going to take a look at where Baidu, Inc. (NASDAQ:BIDU) stands against other best AI stocks on latest news. and ratings. A modern internet space with a person using Baidu services on a laptop. Baidu, Inc. (NASDAQ:BIDU) is a Chinese internet giant and AI pioneer, known for its noteworthy investments in artificial intelligence technology and its position as the dominant search engine within the country. On May 22, Barclays analyst Jiong Shao lowered the firm's price target on the stock to $84 from $90 and kept an 'Equal Weight' rating on the shares. The analyst told investors in a research note how Baidu's Q1 advertising revenue declined 6% year-over-year. Moreover, its strength in Cloud is being outshone by the growing cannibalization of advertising by artificial intelligence. Overall, BIDU ranks 7th on our list of best AI stocks on latest news and ratings. While we acknowledge the potential of BIDU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BIDU and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
15-04-2025
- Business
- Globe and Mail
Barclays Keeps Their Buy Rating on JD (JD)
Barclays analyst Jiong Shao reiterated a Buy rating on JD (JD – Research Report) today and set a price target of $55.00. The company's shares closed yesterday at $38.18. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. According to TipRanks, Shao is a 4-star analyst with an average return of 7.2% and a 49.00% success rate. Shao covers the Consumer Cyclical sector, focusing on stocks such as JD, BYD Co, and Alibaba. The word on The Street in general, suggests a Strong Buy analyst consensus rating for JD with a $53.50 average price target, which is a 40.13% upside from current levels. In a report released on April 11, Benchmark Co. also maintained a Buy rating on the stock with a $58.00 price target. Based on JD's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $346.99 billion and a net profit of $9.85 billion. In comparison, last year the company earned a revenue of $306.08 billion and had a net profit of $3.39 billion
