Deutsche Bank is out with its report today on Danaher DHR, reiterating Buy.
In a note to clients, Deutsche Bank writes, "Despite a solid 1Q performance across all metrics, DHR underperformed the market by ~1% on Thursday, reflecting the very modest guidance bump (likely expected by the market) and the push-out of BEC closure by a month - this is the key catalyst for the name. DHR continues to look cheap at 13.5x 2012e Cash EPS, and with considerable upside to our $65 PT, we reiterate Buy."
At the time of posting, shares of DHR were trading pre-market at $52.90, down 0.53% from Thursday's close.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in