Berkshire Hathaway Class A Shares Downgraded to ‘Underperform’ by KBW

Published 2 weeks ago Negative
Berkshire Hathaway Class A Shares Downgraded to ‘Underperform’ by KBW
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Warren Buffett's Berkshire Hathaway has been downgraded to an "underperform" rating by Keefe, Bruyette & Woods analysts citing lower interest rates, pressure from tariffs and a wind-down in energy tax credits. The firm cut its price target for Berkshire's Class A shares to $700,000 from $740,000. "We expect several of Berkshire's businesses to experience declining revenues and/or margins in coming quarters," the KBW analysts wrote in a Sunday note.

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