Berkshire Hathaway Inc. (BRK) Now Covered by J P Morgan Chase & Co
Research analysts at J P Morgan Chase & Co initiated coverage on shares of Berkshire Hathaway Inc. (NYSE:BRK) in a research note issued to investors on Thursday. The brokerage set an “overweight” rating and a $210.00 price target on the stock. J P Morgan Chase & Co’s target price points to a potential downside of 85.78% from the company’s current price.
Separately, Morgan Stanley assumed coverage on shares of Berkshire Hathaway in a research report on Thursday, July 6th. They issued an “equal weight” rating on the stock.
Large investors have recently added to or reduced their stakes in the business. Landmark Financial Advisors LLC acquired a new position in Berkshire Hathaway in the second quarter valued at about $200,000. Wechter Feldman Wealth Management Inc. acquired a new position in Berkshire Hathaway in the second quarter valued at about $202,000. Finally, Mastrapasqua Asset Management Inc. acquired a new position in Berkshire Hathaway in the first quarter valued at about $221,000.
Berkshire Hathaway Company Profile
Berkshire Hathaway Inc is a holding company owning subsidiaries engaged in various business activities. The Company conducts insurance businesses on both a primary basis and a reinsurance basis, a freight rail transportation business and a group of utility and energy generation and distribution businesses.
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