Keefe Bruyette raised the firm’s price target on Berkshire Hathaway (BRK.A) to $600,000 from $565,000 and keeps a Market Perform rating on the shares. The analyst cites updated estimates and peer valuations for the target raise post the company’s earnings report. The firm expects the earnings beat to boost Berkshire’s shares on Monday, tempered by near-term caution on its non-insurance earnings.
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