Danaher price target lowered to $260 from $265 at Stifel

Stifel lowered the firm’s price target on Danaher (DHR) to $260 from $265 and keeps a Hold rating on the shares. Danaher being conservative with the initial FY25 outlook was “not a surprise for many,” but numbers themselves combined with “a rare EPS miss, made for a messier situation than was envisioned,” the analyst tells investors. The report “may be the clearing event needed for the stock, though some level of confidence in upside must be had,” the analyst added.