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Tuesday, March 24, 2009

Baidu: Deutsche Bank Says Buy; Sees Possible Double

Eric Savitz

Baidu shares are getting a boost this morning from Deutsche Bank analyst Alan Hellawell, whose “blue-sky scenario” for the Chinese search giant yields a valuation of $432. He notes that the market is still nascent, and should grow 37 percent through 2012.

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This is a section of the All Things Digital Web site featuring posts from around the Web, from other Dow Jones properties and also original pieces we solicit. The section is now explicitly labeled that it comes "from other Web sites."

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The Internet is full of terrific content that is not ours and we want to help our readers find it by making editorial suggestions--Look, Mom, no algorithm!--of posts we think are worth their time.

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