Morgan Stanley downgraded Baidu stock to underweight from equal-weight on August 19, 2026, following the company missing Q2 earnings expectations.
1 report, 1 independent
Updated Aug 19
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What happened
Morgan Stanley downgraded Baidu stock to underweight from equal-weight on August 19, 2026, following the company missing Q2 earnings expectations.
Who's involved
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The entities involved
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Baidu
Chinese web services company
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Morgan Stanley
U.S. investment bank