RBC Capital Maintains Outperform on Danaher, Lowers Price Target to $239
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Conor McNamara has maintained an 'Outperform' rating on Danaher (NYSE:DHR), but lowered the price target from $246 to $239.
October 25, 2023 | 4:17 pm
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NEUTRAL IMPACT
Danaher's price target has been lowered from $246 to $239 by RBC Capital, though the 'Outperform' rating is maintained.
While the lowering of the price target might initially seem negative, the maintained 'Outperform' rating indicates that RBC Capital still sees strong potential in Danaher. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100