Wolfe Research Upgrades Danaher (DHR) to Outperform

Wolfe Research analyst Doug Schenkel upgraded Danaher (NYSE: DHR) from Peerperform to Outperform with a price target of $285.00.

The analyst comments: "Street estimates now reflect a more reasonable set of assumptions for a return to normalized growth, the company’s target markets are slowly-but-surely improving, and valuation (still a robust but deserved premium) appears more reasonable. DHR is a top quality asset that has above average exposure to geographies/product categories that we currently favor."

For an analyst ratings summary and ratings history on Danaher click here. For more ratings news on Danaher click here.

Shares of Danaher closed at $247.76 yesterday.

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