Yandex’s Discount to Baidu Is a Buy to BofA

Yandex’s Discount to Baidu Is a Buy to BofA

Andrey Rudakov/Bloomberg

Yandex is expected to report on July 31 its net income in the second quarter rose 62 percent from the same period a year ago, to 1.8 billion rubles, or $56.1 million, according to the average of four analysts’ estimates compiled by Bloomberg.