Danaher Corporation (DHR) : Analyst Rating Update

Danaher Corporation (DHR) : Zacks Investment Research ranks Danaher Corporation (DHR) as 4, which is a Sell recommendation. 12 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 17 research analysts is 1.5, which indicates as a Strong Buy.

Danaher Corporation (DHR) : Average target price received by Danaher Corporation (DHR) is $104.43 with an expected standard deviation of $7.49. The most aggressive target on the stock is $120, whereas the most downbeat target is $92. 14 financial analysts are currently covering the stock.

Danaher Corporation (NYSE:DHR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $80.25 and $79.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $81.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $80.62, notching a gain of 0.27% for the day. The total traded volume was 9,547,345 . The stock had closed at $80.40 on the previous day.

Also, In a research note released to the investors, Bernstein upgrades its rating on Danaher Corporation (NYSE:DHR).The analysts at the brokerage house have a current rating of Outperform on the shares. Earlier, the shares were rated a Market Perform by the brokerage firm. In a recent information released to the investors, Bernstein maintains the price target of $120 per share. The rating by the firm was issued on June 24, 2016. The company shares have dropped -6.23% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $102.79 and the one year low was seen on Jul 5, 2016. The 50-Day Moving Average price is $98.50 and the 200 Day Moving Average price is recorded at $93.09.

Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. It operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental, and Industrial Technologies. The Test & Measurement segment offers test, measurement and monitoring products. The Environmental segment products and services help protect the global water supply, facilitate environmental stewardship and enhance the safety of personal data. The Companys diagnostics business offers analytical instruments, reagents, consumables, software and services. The Dental segment provides products that are used to diagnose, treat and prevent disease and ailments of the teeth, gums and supporting bone. The Companys Industrial Technologies solutions help protect the worlds food supply, improve packaging design and quality, verify pharmaceutical dosages and authenticity and power innovative machines.

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