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Deutsche Bank upgrades Baidu to "Buy," raising its price target to $156

Deutsche Bank upgraded Baidu to a "Buy" rating this week, stating that the company's push in artificial intelligence is now strong enough to drive its next stage of growth, according to CNBC. Analyst Leo Chiang raised his price target on the stock to $156 from $88, which implies about 23% upside from current levels. For [...]

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