百度集团-SW看好AI业务保持强劲增长，维持“买入”评级

瑞银证券02-28

瑞银发布研报称，百度-SW(09888)公布截至去年底止第四季及全年业务，其中第四季业绩胜预期。为更好向投资者展示其战略方向，集团自第三季起已改善财务披露，并在第四季持续分享A1业务驱动下的关键指标，相关收入达113亿元人民币，年增48%，占百度通用业务(即核心业务)总收入的43%。维持百度(BIDU。US)美股目标价180美元，H股目标价175港元，评级均为“买入”。展望2026财年，瑞银表示，...

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