HSBC Initiates Coverage On Danaher with Hold Rating
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Rajesh Kumar has initiated coverage on Danaher Corporation (NYSE:DHR) with a Hold rating. The initiation of coverage is a neutral stance and suggests that the analyst believes the company's stock performance will be in line with the market or sector performance.
December 18, 2023 | 1:09 pm
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HSBC analyst Rajesh Kumar has initiated coverage on Danaher with a Hold rating, indicating a neutral outlook on the company's stock performance in the short term.
The Hold rating from HSBC suggests that the analyst does not see significant upside or downside potential in Danaher's stock in the near future. This neutral stance typically has a muted impact on stock price as it neither encourages buying nor selling pressure.
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