Wells Fargo Initiates Coverage On Danaher with Equal-Weight Rating, Announces Price Target of $280
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Danaher (NYSE:DHR) with an Equal-Weight rating and set a price target of $280.
August 27, 2024 | 9:46 pm
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Wells Fargo has initiated coverage on Danaher with an Equal-Weight rating and a price target of $280, indicating a neutral stance on the stock's potential.
The Equal-Weight rating suggests that Wells Fargo sees Danaher's stock as fairly valued at current levels, with the $280 price target indicating no significant upside or downside. This neutral stance is likely to result in a stable short-term stock price, as there is no strong buy or sell signal.
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IMPORTANCE 70
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