Nomura raises target on Berkshire

|About: Berkshire Hathaway Inc (BRK.A)|By:, SA News Editor

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.