UBS Starts Berkshire Hathaway (BRK-B) at Buy

UBS initiates coverage on Berkshire Hathaway Inc. (NYSE: BRK-B) with a Buy rating and a price target of $163.00, after initiating coverage on On March 28th of the Berkshire Hathaway Class A shares with a Buy rating and price target of $244,500.

Analyst Brian Meredith commented, "Our valuation methodology and outlook for Berkshire will be the same for both share classes. Class B shares possesses dividend and distribution rights equal to one-fifteenhundredth of that of Class A shares, which will be used in creating an equivalent price target."

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

Shares of Berkshire Hathaway Inc. closed at $143.88 yesterday.

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