Quick News – March 15 2010

Intelligent Speculator By: IS
Date posted: 03.15.2010 (3:00 pm) | Write a Comment  (0 Comments)

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-Baidu (BIDU) was raised to “BUY” by Mirae Asset Securities, target price of 645$
-Chinese Google (GOOG) advertisers are being urged to switch their budgets to rivals such as Baidu (BIDU)
-Thanks to growing possibilities of a Google pull-out from China, Baidu’s stock price moved past Google’s today
-Ctrip (CTRP) rated neutral by initial rating done by Cowen
-Rackspace (RAX) raised to outperform at RBC Capital

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