Baidu: Oppenheimer Warms to Stock, but Cautious About Mobile

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Baidu: Oppenheimer Warms to Stock, but Cautious About Mobile

BIDU

Linked by BARRONS.com: Tech Trader Daily ( track newsfeed | ignore newsfeed ) - June 21, 10:09AM from (blogs.barrons.com)

Oppenheimer & Co.’s Andy Yeung this morning reiterates a “Perform” rating on shares of Chinese search engine giant Baidu (BIDU), writing that while the stock has an “increasingly attractive valuation,” he’s concerned about how the company will “navigate” the “transition” he sees this year, meaning its challenge to monetize mobile use of the Internet. “it ...

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