Citigroup Maintains Buy on Danaher, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Donnelly has reaffirmed a Buy rating on Danaher Corporation (NYSE:DHR) and increased the price target from $255 to $280.
January 31, 2024 | 8:37 pm
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Citigroup has maintained a Buy rating on Danaher and raised the price target to $280, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Patrick Donnelly from Citigroup typically suggests a strong conviction in the company's future performance and growth potential. This can often lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100