As previously reported, Stifel analyst Daniel Arias upgraded Danaher (DHR) to Buy from Hold with an unchanged price target of $260, telling investors that shares “seem to have found their footing” following a re-rating, with downward estimated revisions seemingly done and the stock having shed its above-average premium. While the FY25 guidance was “underwhelming,” the firm sees some upside opportunities on the top-line and margins and also believes Q1 may be “more de-risked here than elsewhere,” says the analyst, who argues that “this pull back looks like a good opportunity to own a top-tier asset in Tools.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DHR:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue