Information Provided By:
Fly News Breaks for December 19, 2019
NVST, DHR
Dec 19, 2019 | 08:46 EDT
JPMorgan analyst Tycho Peterson raised his price target for Danaher (DHR) to $175 from $155 following completion of the Envista (NVST) split-off. The analyst continues to view Danaher as one of the highest quality names in his coverage universe. "Healthy" end markets, "resilient" business, and continued share gains should drive continued "strong" organic momentum, Peterson tells investors in a research note.
News For DHR;NVST From the Last 2 Days
DHR
Apr 17, 2024 | 09:41 EDT
Unusual total active option classes on open include: Steel Dynamics (STLD), Gildan Activewear (GIL), Danaher (DHR), Altimeter Growth (GRAB), Childrens Place (PLCE), ASML (ASML), US Bancorp (USB), iShares Barclays 7 to 10 Year Treasury Bond Fund (IEF), AMC Entertainment (AMC), and Abbott (ABT).
DHR
Apr 17, 2024 | 06:50 EDT
HSBC analyst Rajesh Kumar upgraded Danaher to Buy from Hold with a price target of $280, up from $250. HSBC's supply chain analysis suggests the de-stocking effects as well as order books might be on a recovery path for the life sciences tools sector, the analyst tells investors in a research note. The firm also believes the "geopolitical divide" of biotech funding around the U.S. Biosecure Act might result in a better pricing environment for outsourcers, potentially supporting incremental margins and multiples. It upgrades Danaher as a "quality proxy for the Biotech funding recovery."