《大行報告》富瑞上調百度-SW(09888.HK)目標價至207元 評級「買入」
富瑞發表報告指,百度-SW(09888.HK)(BIDU.US)宣布去年末季業績,收入及盈利均好過市場及該行預期,預測其今年上半年業務將繼續向好,其中受惠於宏觀環境的恢復,核心線上營銷收入預期首季可錄得按年增長,並在次季加速增長,非通用會計準則(non-GAAP)下經營利潤增長將超越收入增速。
百度管理層透露廣告業務在農曆新年過後恢復良好,尤其是在醫療保健、旅遊、生活和特許經營等領域,富瑞預計第二季度增長將加快,全年廣告增長將超逾內地GDP增速,又指出AI雲首季收入增長速度亦將按季加快。
對於集團推出的文心一言聊天機械人,富瑞認為技術具有很高的入門壁壘,並能為旗下產品提升用戶體驗和生產力。該行維持百度H股「買入」評級,目標價由204元上調至207元。
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