UBS Lowered its Price Target Berkshire Hathaway (BRK-B), Kept a Buy Rating

Berkshire Hathaway Inc. (NYSE:BRK-B) is one of the 10 Best Non-Tech Stocks to Buy and Hold For 3 YearsOn June 3, analyst Brian Meredith from UBS lowered its price target on Berkshire Hathaway Inc. (NYSE:BRK-B) from $606 to $591, while keeping a Buy rating on the stock.

The analyst noted that the price revision reflects the conservative investment approach of Berkshire Hathaway Inc. (NYSE:BRK-B). The company’s investment approach prioritizes liquidity and risk mitigation amidst volatile market conditions. However, while the analyst lowered the price target, he maintained a Buy rating due to the company’s strong balance sheet and diversified investment portfolio. Brian Meredith noted that these factors are key strengths of Berkshire Hathaway Inc. (NYSE:BRK-B), which supports its long-term value.

UBS Lowered its Price Target Berkshire Hathaway (BRK-B), Kept a Buy Rating

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Moreover, Qualivian Investment Partners also mentioned Berkshire Hathaway Inc. (NYSE:BRK-B) in its Q1 2025 investor letter. The fund noted the company to be among the top three contributors for the quarter.

Berkshire Hathaway Inc. (NYSE:BRK-B) is a large holding company that owns and operates various businesses through its subsidiaries.

While we acknowledge the potential of BRK-B to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BRK-B and that has 100x upsidepotential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.