Wells Fargo lowered the firm’s price target on Danaher (DHR) to $240 from $280 and keeps an Equal Weight rating on the shares. While Danaher’s Bioprocess trends align with the firm’s view of a broader market recovery, the Life Science outlook is incrementally softer, Wells says. 2025 guide may be conservative, but at 30-turns EPS, the firm sees a balanced risk/reward.
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