UPDATE: Goldman Sachs Upgrades Baidu to Buy

By: via Benzinga
On Monday, Goldman Sachs upgraded Baidu, Inc. (NASDAQ: BIDU ) from Neutral to Buy. Piyush Mubayi, analyst at Goldman, highlighted Baidu's “leading position in map services and location-based technology” as a source of opportunity. Mubayi cited CNIT-Research, which recently uncovered Baidu Map has a 54 percent share of the mobile
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