Morgan Stanley downgraded Baidu stock to underweight from equal-weight on August 19, 2026, following the company missing Q2 earnings expectations.

The entities involved

• Baidu →

  Chinese web services company

  • Lawsuits were filed in U.S. District Court and Northern District of California involving Baidu and Doximity.Wed 18:37
  • The United States is adding companies to a list that prevents them from securing defense contracts, a move China opposes.Sun 11:15
• Morgan Stanley →

  U.S. investment bank

  • Morgan Stanley increased its price target for SLM Corporation on September 2, 2026.12:00
  • An offering was filed with the SEC on July 22, 2025, involving Simmons Bank, with joint book-running management from Stephens Inc., Keefe, Bruyette & Woods, and Morgan Stanley, and co-management from Robert W. Baird & Co.09:12

Related events

• Morgan Stanley issued an underweight rating due to relative stock weakness, while favoring Japanese equities.Tue 00:57
• Morgan Stanley upgraded Cboe Global Markets to an overweight rating on October 9, 2026.Oct 9
• Morgan Stanley reaffirmed an underweight rating and Citigroup restated a sell rating on Handelsbanken, reported by MarketBeat.Wed 13:42