B of A Securities Maintains Neutral on Danaher, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Derik De Bruin maintains a Neutral rating on Danaher (NYSE:DHR) and raises the price target from $258 to $270.
April 24, 2024 | 5:29 pm
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NEUTRAL IMPACT
Danaher's price target was raised from $258 to $270 by B of A Securities, while maintaining a Neutral rating.
The adjustment in price target by a major analyst firm like B of A Securities suggests a positive outlook on Danaher's value, albeit the Neutral rating indicates that the firm does not see significant short-term outperformance relative to the market. This could lead to a stable but limited impact on the stock's short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100