Baidu.com Gets Knocked on Analyst Views

One of the big stories today is Baidu.com (BIDU) which is getting rocked for a loss of 20 percent after a couple of firms came out and initiated coverage on the stock with "underperform" ratings. And while this is a fairly big daily move, it doesn't violate the recent lows on the stock...

I must admit to being wary of the stock given the IPO price action, but with Street not buying into the stock yet, I am wondering if upside action might yet be possible. With the limited amount of data available on the stock it is hard to get a good read but I have to this think broker trepidation is worth noting...