On July 28, Berkshire Hathaway rose 3.09% in regular trading. On the news front, UBS raised its price target on Berkshire Hathaway Class A shares from $854,596 to $877,848, maintaining a Buy rating; the Class B target was lifted from $570 to $585.
The upgrade comes amid continued positive momentum. On July 24, Berkshire completed its acquisition of homebuilder Taylor Morrison at $72.50 per share in cash, representing a total equity value of approximately $6.8 billion and total enterprise value of roughly $8.5 billion. Taylor Morrison's brands will be integrated with Berkshire's site-built homebuilding operations under CEO Sheryl Palmer's continued leadership. The deal marks one of several major capital deployments by CEO Greg Abel, who earlier committed $100 billion to Alphabet and has been actively reshaping the portfolio toward AI and real asset themes.
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