Danaher price target raised to $230 from $205 at Wells Fargo

Wells Fargo raised the firm’s price target on Danaher (DHR) to $230 from $205 and keeps an Equal Weight rating on the shares. The firm notes the company reaffirmed its 2025 EPS guide, despite lowering Q4 organic growth. Initial 2026 outlook calls for positive high single digit EPS growth, even at low-end of +3%-6% core revenue growth, which seems to leave room for upside on Life Sci, OP margin and capital allocation fronts.