Munster Warns Street Estimates on Baidu Too Bullish, Says to Hold Off on Buying Until After Q4 Report
January 28, 2013 at 09:29 AM EST
Piper Jaffray's Gene Munster believes Wall Street expectations on Baidu (NASDAQ: BIDU ) may be getting a bit too lofty. In a research note Monday, Munster said analysts may not be account for increased investment in Baidu's Union segment. The analyst also noted a likely negative impact from the