This Chinese tech stock was up 120% last year — but analysts say the rally's not over

This Chinese tech stock was up 120% last year — but analysts say the rally's not over

This Chinese tech stock was up 120% last year — but analysts say the rally's not over

Baidu robotaxis on the road in Beijing.
TPG | Getty Images News | Getty Images

This Chinese internet giant has rallied 122% over the last 12 months — but that’s not stopped bullish calls from analysts who say there’s further upside to the stock.

Analysts from Jefferies and Mizuho upgraded their price targets, expecting it to go up to 25% higher.