UBS Raises Berkshire Hathaway Class A Price Target to $877,848, Sees 15% Upside

According to Barron's, UBS analyst Brian Meredith raised Berkshire Hathaway Class A stock's price target to $877,848 on July 28, implying 15% upside from current levels. Meredith upgraded the target from $854,596 and maintained a "buy" rating, estimating the stock's intrinsic value at approximately $800,000 per share.

Berkshire Hathaway's Class A stock rose 2.4% on July 28 to $768,010, while Class B shares closed at $512.37. However, both share classes have gained only about 1% year-to-date, significantly trailing the S&P 500's 9% return including dividends.