Buffett's Increased Investment in Japanese Trading Firms Boosts Analyst Targets.
TL;DR Summary
Warren Buffett's increased holdings in Japanese trading firms have led to record highs in their shares, causing analysts to raise their target prices. Four of the top 10 firms with the steepest target increases among Japan's largest companies were trading houses. The Topix Wholesale Trade Index, which includes the five biggest trading companies, was the top performing sector on Tuesday. Berkshire Hathaway plans to increase investments to up to 9.9% of each of the five Japanese firms.
Topics:business#finance#investments#japanese-trading-firms#stock-market#target-prices#warren-buffett
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