Barclays analyst Luke Sergott lowered the firm’s price target on Danaher (DHR) to $275 from $285 and keeps an Equal Weight rating on the shares post the Q3 report. The bioprocessing recovery “continues to grind slow and steady” and the rest of the business struggles against various headwinds facing the remaining end markets, the analyst tells investors in a research note.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DHR: