Jefferies' new price target implies a 39% upside ahead for shares of Baidu.
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Deutsche Bank sees shares of Baidu rising 23% from here.
Chinese tech giant Baidu saw its shares jump 16% amid signs the company is ramping up its artificial intelligence plans and…
The investment bank also raised its price targets on two Chinese companies that develop artificial intelligence models.
JPMorgan sees shares rising 69% from here.
The bank initiated the company, which produces cables and chips to connect powerful AI computers, at a buy rating.
The tech giant was on the shopping list we shared on Thursday.
