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Fly News Breaks for May 14, 2015
PLL, DHR
May 14, 2015 | 08:40 EDT
After Danaher (DHR) announced yesterday that it was acquiring Pall Corporation (PLL) for $13.8B, Bernstein says the deal is not cheap, but has many redeeming qualities, The firm notes that Danaher expects the deal to be 40c accretive to its adjusted EPS in 2016 , and that the company expects to further optimize Pall's product development, and drive quality delivery and cost improvement. Bernstein is upbeat on Danaher's decision to split into tow companies, and it keeps an Outperform rating on the shares.
News For DHR;PLL From the Last 2 Days
DHR
Apr 24, 2024 | 06:40 EDT
Baird raised the firm's price target on Danaher to $271 from $259 and keeps an Outperform rating on the shares. The firm said they reported 1Q results above expectations, helped by respiratory testing and bioprocessing upside. The company saw encouraging bioprocessing trends, with orders growing mid-single-digits, and noted normalization of large customer ordering patterns, with management expecting destocking to be largely complete by 2Q24-end.
DHR
Apr 24, 2024 | 05:28 EDT
Barclays raised the firm's price target on Danaher to $270 from $260 and keeps an Equal Weight rating on the shares post the Q1 report. The company's orders came in above expectations, the analyst tells investors in a research note. The firm says bioprocessing names continue to be favored by investors and that it does not see this changing in the near term.
DHR
Apr 23, 2024 | 09:56 EDT
Notable gainers among liquid option names this morning include Globe Life (GL) $71.33 +4.94, Super Micro (SMCI) $764.85 +47.83, Danaher (DHR) $250.88 +14.79, Kimberly Clark (KMB) $136.87 +7.94, and General Motors (GM) $45.38 +2.17.
DHR
Apr 23, 2024 | 09:04 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here