Raymond James Maintains Outperform on Danaher, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Andrew Cooper maintains an Outperform rating on Danaher (NYSE:DHR) but has lowered the price target from $290 to $250.
October 18, 2023 | 11:44 am
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Danaher's price target has been lowered from $290 to $250 by Raymond James, though the Outperform rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors. However, the maintenance of the Outperform rating indicates that the analyst still sees potential in the stock, which could balance out the initial negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100