$Baidu(BIDU)$ Avg pt is still

$Baidu(BIDU)$ Avg pt is still $160. One analyst makes no difference. I don't expect a blowout but I would like to see what is the reasoning for lowering the price target to a level BIDU traded 13 years ago. Does he think that a decade of investment in AI and autonomous driving is worthless? Does he think that an additional $15 billion on the balance sheet and quadruple the revenues added no value? These jokers are useles - they just adjust their price targets to where the stock is trading. Go back to 2011 and I assure you this clown had a $200+ price target.

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