Danaher Analysts Cut Their Forecasts Following Q3 Results - Danaher (NYSE:DHR)

Danaher Corporation (NYSE:DHR) reported better-than-expected results for its third quarter.

Danaher reported quarterly adjusted EPS of $2.02, down from $2.56 a year ago, surpassing the consensus of $1.87. Sales decreased 10.5% Y/Y to $6.87 billion, beating the consensus of $6.63 billion.

Danaher shares fell 2.4% to trade at $192.13 on Wednesday.

These analysts made changes to their price targets on Danaher following earnings announcement.

Keybanc cut the price target on Danaher from $300 to $260. Keybanc analyst Paul Knight maintained an Overweight rating.
Citigroup lowered the price target on Danaher from $265.92 to $240. Citigroup analyst Patrick Donnelly maintained a Buy rating on the stock.
Raymond James slashed the price target on Danaher from $250 to $240. Raymond James analyst Andrew Cooper maintained an Outperform rating.
RBC Capital lowered the price target on Danaher from $246 to $239. RBC Capital analyst Conor McNamara maintained an Outperform rating.

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DHRDanaher Corp

$201.43-%

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