Baidu To Rally Around 25%? Here Are 10 Other Analyst Forecasts For Friday

• TD Cowen boosted the price target for Meta Platforms, Inc. (NASDAQ: META) from $190 to $195. TD Cowen analyst John Blackledge maintained an Outperform rating. Meta shares fell 0.7% to $218.90 in pre-market trading.
• BMO Capital increased the price target for Microsoft Corporation (NASDAQ: MSFT) from $305 to $310. BMO Capital analyst Keith Bachman maintained a Market Perform rating. Microsoft shares fell 0.8% to $287.61 in pre-market trading.
• Oppenheimer raised the price target for PulteGroup, Inc. (NYSE: PHM) from $68 to $73. Oppenheimer analyst Tyler Batory maintained an Outperform rating. PulteGroup shares fell 0.9% to close at $59.21 on Thursday.
• Morgan Stanley boosted ConocoPhillips (NYSE: COP) price target from $115 to $122. Morgan Stanley analyst Devin McDermott maintained an Overweight rating. ConocoPhillips shares rose 0.4% to $109.50 in pre-market trading.
• Raymond James cut Union Pacific Corporation (NYSE: UNP) price target from $235 to $225. Raymond James analyst Patrick Tyler Brown maintained a Strong Buy rating. Union Pacific shares fell 0.4% to close at $197.92 on Thursday.
• Barclays cut the price target for The Walt Disney Company (NYSE: DIS) from $110 to $107. Barclays analyst Kannan Venkateshwar maintained an Equal-Weight rating. Disney shares fell 0.1% to $100.78 in pre-market trading.
• HSBC boosted Baidu, Inc. (NASDAQ: BIDU) price target from $161 to $165. HSBC analyst Charlene Liu maintained a Buy rating. Baidu shares fell 0.3% to $132.32 in pre-market trading.
• Piper Sandler cut Rivian Automotive, Inc. (NASDAQ: RIVN) price target from $63 to $15. Piper Sandler analyst Alexander Potter downgraded the stock from Overweight to Neutral. Rivian Automotive shares fell 3.3% to $13.89 in pre-market trading.
• Barclays boosted PepsiCo, Inc. (NASDAQ: PEP) price target from $187 to $201. Barclays analyst Lauren Lieberman maintained an Overweight rating. PepsiCo shares gained 1% to close at $184.38 on Thursday.
• Jefferies raised National Instruments Corporation (NASDAQ: NATI) price target from $55 to $60. Jefferies analyst David Kelley downgraded the stock from Buy to Hold. National Instruments shares rose 0.7% to close at $58.06 on Thursday.
• Morgan Stanley boosted Arista Networks, Inc. (NYSE: ANET) price target from $140 to $150. Morgan Stanley analyst Meta Marshall maintained an Equal-Weight rating. Arista Networks shares rose 0.1% to $164.80 in pre-market trading.

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