A number of firms have modified their ratings and price targets on shares of Berkshire Hathaway (NYSE: BRK.B) recently:

  • 7/11/2017 – Berkshire Hathaway was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Shares of Berkshire Hathaway have underperformed the Zacks categorized Property and Casualty industry quarter to date. The company witnessed estimates moving south over the last 60 days. Berkshire Hathaway’s exposure to catastrophe losses, Buffett’s succession and huge capital expenses on account of its railroad operations remain headwinds. Capital expenditure for 2017 is estimated to be $6.5 billion in 2017. Nonetheless, Berkshire Hathaway’s inorganic story remains impressive with strategic acquisitions. Continues investment through strategic acquisition testifies confidence in business environment post new President elect. The strong cash position also allows it to make earnings-accretive bolt-on acquisitions. Demand for utilities is expected to be strong in the future and drive earnings growth. A continued insurance business growth fuels increase in float. A sturdy capital level adds to the overall strength as well.”
  • 7/10/2017 – Berkshire Hathaway was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $177.41 price target on the stock.
  • 7/4/2017 – Berkshire Hathaway was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $177.41 price target on the stock.
  • 6/27/2017 – Berkshire Hathaway was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Berkshire Hathaway’s inorganic story remains impressive with strategic acquisitions. Continues investment through strategic acquisition testifies confidence in business environment post new President elect. The strong cash position also allows it to make earnings-accretive bolt-on acquisitions. Demand for utilities is expected to be strong in the future and drive earnings growth. A continued insurance business growth fuels increase in float. A sturdy capital level adds to the overall strength as well. Capital expenditure for 2017 is estimated to be $6.5 billion in 2017. However, Berkshire Hathaway’s exposure to catastrophe losses, Buffett’s succession and huge capital expenses on account of its railroad operations remain headwinds. Shares of Berkshire Hathaway have underperformed the Zacks categorized Property and Casualty industry quarter to date. The company did not witness any earnings momentum over the last 30 days.”
  • 6/21/2017 – Berkshire Hathaway was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $177.41 price target on the stock.
  • 6/15/2017 – Berkshire Hathaway was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $177.41 price target on the stock.
  • 6/8/2017 – Berkshire Hathaway was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $173.61 price target on the stock.
  • 5/29/2017 – Berkshire Hathaway was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $172.80 price target on the stock.
  • 5/22/2017 – Berkshire Hathaway was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $170.41 price target on the stock.

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