In a report published Tuesday, Morgan Stanley analyst Nigel Coe reiterated an Overweight rating and $83.00 price target on Danaher Corporation DHR.
In the report, Morgan Stanley noted, “DHR at 16x '15 FCF offers investors a free option on ~$20 upside from cash deployment, in our view. The accretive sale of Comms suggests a more active pipeline of corporate activity: while we could support further portfolio separations, we are more skeptical on benefits from mooted A transaction.”
Danaher Corporation closed on Monday at $71.70.
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