Jefferies lowered the firm’s price target on Danaher (DHR) to $260 from $285 and keeps a Buy rating on the shares. The company’s “prudent” FY25 guidance that came with Q4 results “fell flat” and China remains tough, says the analyst, who contends that “how much prudence is the key debate.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DHR:
- DHR Earnings: Danaher Stock Falls 10% on Mixed Financial Results and Weak Guidance
- Morning Movers: Trump Media jumps after announcement of FinTech brand Truth.Fi
- Danaher sees Q1 revenue down low-single digits
- Danaher sees FY25 revenue up 3%
- Danaher reports Q4 EPS $2.14, consensus $2.16