Berkshire Hathaway Downgraded to Neutral

Zacks downgraded Berkshire Hathaway stock to Neutral on December 5, 2013. The stock was previously ranked at Outperform. The downgrade was due to the earnings miss, and the company gave a negative surprise of 6.9%. The stock is currently listed as a Hold. Why Downgrade Berkshire Hathaway? During the third quarter of 2013, Berkshire Hathaway …

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Zachs Reaffirms Berkshire Hathaway “Outperform” Rating

Zachs recently reaffirmed Berkshire Hathaway’s stock rating as “outperform” in a report that was recently issued on Thursday. The current target price of Berkshire Hathaway Class B shares is $137. A Zacks analyst wrote, “we are reiterating our outperform recommendation on the shares of Berkshire Hathaway, following a solid second-quarter earnings. Results reflected strong performances …

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