Wednesday, January 23, 2008

Early Morning Tidbits:

- Merrill Lynch initiates Baidu.com (NASDAQ:BIDU) with Buy and $430 tgt. Also, Mirae Asset Management Global Investments reports a passive stake of 5.2% in the co.

- UBS is raising Q4 growth estimates on Mastercard (NYSE:MA), staying bullish into Q4 rpt on 1/31, tgt unchanged at $220.

- Almost all firms defending Apple (NASDAQ:AAPL) this morning. Will follow up with a longer comments shortly.

NC

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