berkshire hathaway's strong quarterly earnings, driven by a recovery in insurance underwriting and geico's performance, led analysts to raise price targets for the company's stock, despite mild wildfire losses.

The company reported strong quarterly earnings, prompting analysts to raise price targets.

geico's strong performance significantly contributed to Berkshire's insurance results.

CEO of berkshire hathaway, credited for the company's strong performance.

geico CEO recognized for improving the company's performance.

Competitor of geico that had previously gained market share.