Oppenheimer Reiterates Outperform Rating On Danaher

According to Oppenheimer, Danaher DHR Outperform rating is reiterated. Oppenheimer said that it is updating its estimates following closing of the BEC acquisition on 6/30/2011. “With the overhang of the anticipated equity offering and BEC timing uncertainty now in the rear-view, and our belief that accretion estimates remain solidly intact, we remain favorable on DHR's prospects. Raising price target to $62 on our higher estimates and reiterate Outperform.” Danaher closed yesterday at $54.68.