Susquehanna cut the price target on Baidu, Inc. (NASDAQ: BIDU) from $200 to $195. Susquehanna analyst Shyam Patil maintained the stock with a Positive rating. Baidu shares rose 0.7% to $139.38 in pre-market trading.
John Lynch, Comerica Wealth Management's Chief Investment Officer, says there has been a growth in the money supply. He says the Fed has measured money supply by M2 that surged to a peak of 25% Y/Y in the summer of 21.
Wedbush has decided to maintain its Outperform rating of Comerica (NYSE:CMA) and raise its price target from $89.00 to $94.00.
Shares of Comerica are trading down 0.75% over the last 24 hours, at $78.54 per share.
A move to $94.00 would account for a 19.68% increase from the current share price.