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Stock impact report

BRK.B Stock Moves Above 50- & 200-Day SMA: Buy, Sell or Stay Invested? [Yahoo! Finance]

Berkshire Hathaway Inc. New (BRK.B) 
Last berkshire hathaway inc. new earnings: 11/2 07:00 am Check Earnings Report
US:NYSE Investor Relations: berkshirehathaway.com
Company Research Source: Yahoo! Finance
The 50-day and 200-day SMAs are key indicators for traders and analysts to identify support and resistance levels. These are considered particularly important as they are the first markers of an uptrend or downtrend. Image Source: Zacks Investment Research Based on short-term price targets offered by four analysts, the Zacks average price target is $537.75 per share. The average suggests a potential 7.6% upside from the last closing price. BRK.B shares have gained 10.4% year to date, outperforming the industry's increase of 9.9%. Berkshire Hathaway is a conglomerate with more than 90 subsidiaries engaged in diverse business activities. This provides it stability in various economic cycles. BRK.B's peer, Chubb Limited CB, has gained 13.4% year to date, while another peer, The Progressive Corporation PGR, has lost 5.3% year to date. Chubb, a premier global provider of property and casualty insurance and reinsurance, is targeting growth in the middle-market segment across dome Show less Read more
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