BIDU: The Most Obvious Beneficiary Of $7.4T A.I. Opportunity
b'Baidu (BIDU) has been upgraded to overweight from equal weight at Morgan Stanley. George Tsilis discusses this as Morgan Stanley raised its price target on BIDU to $190 from $160. The analyst notes that BIDU is the most obvious beneficiary of the $7.4T A.I. internet opportunity in China. Morgan Stanley also estimates 31% CAGR in its cloud revenue by 2025. He then demonstrates an example trade using BIDU. The trade type is a call diagonal and the direction is bullish. Tune in to find out more about the stock market today.'