UPDATE: Edward Jones Upgrades Berkshire Hathaway (BRK-A) to Buy

September 21, 2022 9:09 AM EDT
Get Alerts BRK-A Hot Sheet
Price: $478,675.56 --0%

Rating Summary:
    5 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 16 | New: 15
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(Updated - September 21, 2022 9:44 AM EDT)

Edward Jones analyst James Shanahan upgraded Berkshire Hathaway (NYSE: BRK-A) from Hold to Buy.

The analyst comments "We are upgrading Berkshire Hathaway (BRK) A shares to a Buy from a Hold. BRK shares have declined sharply in recent months, which we attribute to broader concerns about financial markets and the economy. We believe that the sell-off has created an attractive entry point for long-term investors, as Berkshire revenues and earnings benefit from a diverse group of operating companies and investments. Meanwhile, we believe that higher interest rates, additional investment activity, and an acceleration in share-repurchase activity will provide additional support for earnings per share."

For an analyst ratings summary and ratings history on Berkshire Hathaway click here. For more ratings news on Berkshire Hathaway click here.

Shares of Berkshire Hathaway closed at $419869.00 yesterday.

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