Citigroup Maintains Buy on Danaher, Lowers Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Donnelly has maintained a 'Buy' rating on Danaher (NYSE:DHR) but lowered the price target from $265.92 to $240.
October 25, 2023 | 11:07 am
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NEUTRAL IMPACT
Despite the lowered price target, Citigroup maintains a 'Buy' rating on Danaher, indicating continued confidence in the company's performance.
The lowered price target might initially seem negative, but the maintained 'Buy' rating indicates that Citigroup still sees potential in Danaher. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100