UPDATE: Brean Murray Carret Lowers Baidu.com's PT

According to a research report published this morning, Brean Murray Carret has decreased Baidu.com's

PT from $200 to $194. In the report, Brean Murray Carret commented, "We believe Baidu's growth story is largely intact in 2012 with SME starting robustly, while big advertisers' spending will ramp up to 2H. We maintain our positive view on the stock and would recommend investors to capitalize on the weakness of the stock and accumulate shares at this level." Brean Murray Carret maintains its Buy rating on Baidu.com, which closed yesterday at $135.83.