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Baidu: On Google Move, Kaufman Says Buy; Goldman Ups Target

Baidu shares continue to be levitated by Google’s move away from the China search market. Kaufman Bros. analyst Aaron Kessler this morning upgraded BIDU to Buy from Hold, with a $690 price target.

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Yahoo: Kaufman Upgrades; Sees Display Ads, Search Improving

Kaufman Bros. analyst Aaron Kessler this morning lifted his rating on Yahoo to Buy from Hold, inching up his price target to $20, from $19.

Feds OK Oracle-Sun

Streaming Video Revolutionaries Actually Closet DVD-by-Mail Users

Kaufman Bros. analyst Aaron Kessler recently conducted a survey of 700 Internet users (see charts below; click to enlarge) and found that 20 percent of those who aren’t currently Netflix subscribers plan to register for the service in the next five years. Moreover, 68 percent of all respondents said that “the ability to watch videos on the Internet vs. renting from a physical store or by mail” doesn’t much matter to them. Only six percent said that feature is important.
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