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Baidu to Realign Four Business Units (BIDU)
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Baidu to Realign Four Business Units (BIDU)
Baidu (NASDAQ:BIDU) announced the realignment of four main business functions: Sales, Commercial Operations, User Products and Technologies, and Commercial Products and Technologies. Baidu will implement an executive rotational program to promote management innovation and efficiency.Baidu has a potential upside of 13.5% based on a current price of $147.01 and an average consensus analyst price target of $166.92.Baidu is currently above its 50-day moving average (MA) of $133.48 and above its 200-day of $119.47. In the last five trading sessions, the 50-day MA has fallen 0.21% while the 200-day MA has risen 0.72%.
Video Length: 0
Date Found: July 08, 2011
Date Produced: July 08, 2011
View Count: 0
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