Berkshire Hathaway Analyst Raises Forecasts After Q1 Results — But Remains Cautious
55
0
Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) shares have climbed steeply year-to-date, but have lost close to 4% over the past month.
The company’s recent earnings beat was driven mainly by GEICO’s significant margin expansion, according to Keefe, Bruyette & Woods.
The Berkshire Hathaway Analyst: Meyer Shields maintained a Market Perform rating on Berkshire Hathaway while raising the price target from $645,000 to $660,000.
The Berkshire Hathaway Thesis: While the company reported its first-quarter operating earnings at $7,796 per share, surpassing …
Full story available on Benzinga.com
Visited 55 times, 1 visit(s) today