Berkshire Stock Falls Nearly 1%. It Got a Rare Sell Recommendation.

Berkshire Hathaway stock is down nearly 1% Monday in the wake of receiving the equivalent of a sell recommendation from KBW analyst Meyer Shields, who cited several earnings headwinds for the conglomerate headed by Warren Buffett. In a client note published early Monday, Shields cut his rating on Berkshire to Underperform from Market Perform and reduced his price target on the Class A shares to $700,000 from $740,000. The rare sell recommendation is weighing on Berkshire stock.

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