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《大行》大摩升百度(BIDU.US)目標價至100美元 料次季核心收入跌3%
阿思達克 07-17 09:54
摩根士丹利發表研究報告指,預計百度-SW(09888.HK)(BIDU.US)第二季核心收入下降3%,受累經營去槓桿,料次季非GAAP核心經營溢利按年跌43%,經營溢利率跌10.7個百分點至15.5%。該行下調公司次季核心廣告增長預測至收縮15%,並預期第三季廣告增長將進一步下滑。另外,預計公司次季雲業務增長應可維持在25%。 大摩對百度仍持審慎態度,認為公司核心業務復甦的能見度有限,且利潤率因收入疲弱而下滑,維持「與大市同步」評級,但由於外匯調整,將其美股目標價由95美元上調至100美元。
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