Keybanc Maintains Overweight on Danaher, Lowers Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Paul Knight has maintained an Overweight rating on Danaher (NYSE:DHR) but lowered the price target from $300 to $260.

October 25, 2023 | 9:56 am
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Danaher's price target has been lowered from $300 to $260 by Keybanc, though the Overweight rating is maintained.
The lowering of the price target by Keybanc could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Overweight rating indicates that the analyst still sees the stock as a good investment, which could counterbalance the negative sentiment to some extent.
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IMPORTANCE 80
RELEVANCE 100