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Berkshire Hathaway (BRK.A) Takeaways from Omaha - UBS

May 2, 2016 8:37 AM EDT

UBS analyst, Brian Meredith, reiterated his Buy rating and $244,500 PT on shares of Berkshire Hathaway (NYSE: BRK-A) after the annual meeting. Concerns were well understood and the potential for a large buyback would likely support the stock.

Preliminary operating earnings were below consensus for 1Q16 with operating earnings of $3.74bb and net earnings of $5.59bb. Underwriting income from Insurance and the BNSF/BH Energy earnings appear to... More