real-time news and commentary for investors
Monday, Aug 5
Nomura raises target on Berkshire
- If you have a couple of hundred thousand to spare, shares of Berkshire Hathaway (BRK.A) are a steal at 176.5K each, Nomura thinks.
- Analyst Clifford Gallant raises his price target to $192K (from $187K), citing BRK's Q2 results. "The company [is] levered to benefit from an improving US economy," he notes.
- FY13, and FY14 EPS estimates are raised from $9,060.51 to $9,328.55 and from $9,793.98 to $9,928.01 respectively.