UBS Maintains Buy on Berkshire Hathaway, Raises Price Target to $477
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Meredith has maintained a Buy rating on Berkshire Hathaway (NYSE:BRK) and increased the price target from $435 to $477.
February 28, 2024 | 6:24 pm
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POSITIVE IMPACT
UBS analyst Brian Meredith reaffirmed a Buy rating on Berkshire Hathaway and raised the price target from $435 to $477.
The increase in price target by a reputable analyst like Brian Meredith from UBS is a strong positive signal for Berkshire Hathaway. It suggests confidence in the company's future performance and potential for stock price appreciation. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100