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UBS Analyst Cuts Price Target for Billionaire Warren Buffett’s Berkshire Hathaway – Here’s Why

UBS Analyst Cuts Price Target for Billionaire Warren Buffett’s Berkshire Hathaway – Here’s Why

Daily HodlDaily Hodl2025/06/06 16:00
By:by Daily Hodl Staff

An analyst at banking giant UBS has lowered its price target for Berkshire Hathaway.

Analyst Brian Meredith still has a buy rating on Berkshire Hathaway (BRK.B) Class B shares, but has cut the price target from $606 per share to $591, reports  CNBC.

In an investment note, Meredith says the decline in the share price target is due to the expectation of less investment income as well as no stock buybacks this year and in 2026.

“We continue to believe BRK’s shares are attractive in an uncertain macro environment with $347 billion of cash and [short-term] investments, a defensive business mix, and manageable tariff exposure.”

Data shows Berkshire’s billionaire CEO Warren Buffett has parked $305.5 billion into the safe-haven asset class, short-dated Treasuries. Berkshire Hathaway’s holdings in short-dated Treasuries increased from $286.472 billion in Q4 2024 to $305.501 billion in Q1 of 2025 – a 6.64% increase in three months.

Data from the Treasury Department shows Berkshire’s trove of US debt is large enough to surpass Taiwan’s holdings at $297.8 billion.

At the same time, the firm has been slashing stakes in banking giants Citigroup, Bank of America, and Capital One.

Filings show that the investment firm fully exited Citigroup after dumping its remaining shares worth $1 billion.

The firm also sold 48.7 million Bank of America shares worth about $2.19 billion, and cashed out 300,000 shares in Capital One, which were worth roughly $46.489 million.

BRK.B is trading for $493 at time of writing.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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