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Baidu, Inc. (NASDAQ:BIDU): Current Price: $95.50
According to Piper Jaffray, consensus earnings expectations for Baidu may drop slightly after its Q4 results to reflect its investment in promoting products. However, Piper is convinced that Baidu has the potential to reaccelerate earnings growth during 2014 and recommends owning the stock prior to the acceleration. The firm decided to reiterate its Overweight rating but lower its price target to $140 from $146 on the stock.
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