Earnings Estimates Adjusted: Berkshire Hathaway Stock Could Rise 15%
BRK-B Stock Target Price Upgraded
Berkshire Hathaway (NYSE: BRK-B) recently received an earnings and revenue EPS upgrade from an analyst, providing investors with a more optimistic outlook for the company's future performance.
Key Points
The analyst adjusted their 12-month price target for Berkshire Hathaway stock to $477, representing a potential upside of 15.11% from the current share price of $414.40.
Only one analyst has provided a short-term price target of $490.00, indicating a more conservative outlook in the near term.
Conclusion
The analyst's upgrade highlights the continued confidence in Berkshire Hathaway's long-term growth prospects. While short-term price movements may fluctuate, the overall outlook for BRK-B stock remains positive, suggesting that investors may consider holding or accumulating shares for potential gains.
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