Morning Roundup: Amazon.com, Inc. (AMZN), Baidu Inc (ADR) (BIDU)

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As the Wall Street Journal reported, Amazon.com, Inc. (NASDAQ:AMZN) plans to expand its same-day delivery service by allowing later ordering times for guaranteed delivery in some regions. Starting today, Amazon will also add Dallas and San Francisco to the cities where the service is available.

Amazon will expand its same-day shipping service by allowing later ordering times for guaranteed delivery in some places, the Wall Street Journal. Beginning today, Amazon will also add Dallas and San Francisco to the cities where the service is available.

Analysts have a consensus price target of $412 on Amazon.com, Inc. (NASDAQ:AMZN) which indicates a 35% upside. The consensus rating of the stock is a BUY with a score of 2.74. There are currently 6 Hold Ratings, 25 Buy ratings, 1 Strong Buy ration and 2 Sell ratings on the stock.

The most recent analyst action consisted of Edward Jones initiating coverage with a Buy rating.

Baidu Inc (ADR)(NASDAQ:BIDU)’s IQiyi video website, intends to go public in the next three years. The site rivals Youku Tudou (YOKU) for China’s 618 million Internet users, who watching movies and TV shows online, according to Bloomberg, citing comments from Baidu’s video unit CEO, Gong Yu.

Analysts have a consensus price target of $195 on Baidu Inc (ADR)(NASDAQ:BIDU) which indicates a 27% upside. The consensus rating of the stock is a Buy with a score of 2.74. There are currently 15 Buy ratings on the stock, 1 Sell rating and 3 Hold ratings.

A recent analyst action consisted of Zacks upgrading the stock from Underperform to Neutral with a $156.10 price target.

 

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