Notable Downgrades: Baidu (BIDU), KLA-Tencor (KLAC), Yelp (YELP), Amkor Technology (AMKR), Gulfport Energy (GPOR)

Analysts at Credit Agricole downgraded Baidu, Inc. (BIDU) from ‘Buy‘ to ‘Underperform‘ in a research report issued to clients on Tuesday. On valuation measures, Baidu Inc. ADR stock it’s trading at a forward P/E multiple of 2.91x, and at a multiple of 27.54x this year’s estimated earnings. The t-12-month revenue at Baidu Inc. is $8.42 […] View the full post at: Notable Downgrades: Baidu (BIDU), KLA-Tencor (KLAC), Yelp (YELP), Amkor Technology (AMKR), Gulfport Energy (GPOR) Related posts: Chinese Social Networks Block Baidu Search Spiders Top Pre-Market Stock Upgrades/Downgrades April 8, 2010 Top Pre-Market Stock Upgrades/Downgrades April 22, 2010
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