UPDATE: BMO Capital Markets Raises PT to $69 on Danaher Following Results

BMO Capital Markets reiterated its Outperform rating on Danaher

and raised the price target from $66.00 to $69.00. BMO Capital Markets commented, "Danaher reported GAAP EPS of $0.89, including a $0.02 gain from mark-tomarket currency swaps. Adjusting for this benefit, adjusted EPS was $0.87. The earnings results were driven by better-than-expect revenue in Test & Measurement (3.3% better), Environmental (1.9% better), Life Sciences & Diagnostics (1.0% better), and Industrial Technologies (3.7% better), and better-than-expected operating margins in Environmental (144 bp better) and Life Sciences & Diagnostics (174 bp better)." Danaher closed at $61.00 on Tuesday.