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Fly News Breaks for January 2, 2020
Jan 2, 2020 | 08:48 EDT
Needham analyst Stephen Unger raised his price target on Danaher to $167 and kept his Buy rating, citing his model changes following the December 18th completion of the split-off exchange offer Envista Holdings stock held by the company for 22.9M shares. The analyst also points to a clear improvement in Danaher's core revenue growth following the transaction, targeting the company's adjusted earnings growth rate of 20% in FY20.
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