HSBC Cuts PT on Danaher Corporation (DHR) – Here’s Why
HSBC recently cut its price target on Danaher Corporation (DHR) to $230 from $270 but maintained a Buy rating, citing bearish market expectations for life science tools despite "green shoots of recovery" in bioprocessing. Separately, Wolfe Research downgraded DHR to Peer Perform, noting its valuation compared to Thermo Fisher and confusion regarding its identity after the Masimo transaction. Danaher, a significant diagnostics stock, operates across various scientific and industrial sectors.
https://www.insidermonkey.com/blog/hsbc-cuts-pt-on-danaher-corporation-dhr-heres-why-1787152/?amp=1