U.S. stock futures are in the green, attempting to bounce back after Monday's notable losses. The previous downturn was fueled by heightened tensions between President Donald Trump and Federal Reserve Chair Jerome Powell. Disagreements over interest rate policies have sparked concerns about the Federal Reserve's independence, adding to market instability.
In the commodities market, gold reached a historical peak of $3,500 per ounce before slightly dropping as investors sought safer assets amidst economic uncertainties. The U.S. dollar index hit a three-year low, influenced by ongoing trade policies and the friction between the presidential administration and the Federal Reserve.
Pre-market trading has seen S&P 500 futures increase by 0.74%, Nasdaq futures go up by 0.81%, and Dow futures rise by 0.79%. Among the top movers, Danaher (DHR, Financial) and 3M (MMM) both saw their shares rise by 5% following their earnings announcements. GE Aerospace (GE) and Lockheed Martin (LMT) also reported gains, with their stocks up by 4% and 3%, respectively.
First Solar (FSLR) experienced a 7% increase after the U.S. imposed new tariffs reaching as high as 3,521% on solar imports from four Southeast Asian countries. Meanwhile, some companies faced declines post-earnings. Northrop Grumman (NOC) saw a 9% drop, Verizon (VZ) fell by 5%, and both RTX (RTX) and Kimberley-Clark (KMB) decreased by 4%. Elevance Health (ELV) registered a modest decline of 1%.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for Danaher Corp (DHR, Financial) is $252.43 with a high estimate of $310.00 and a low estimate of $205.00. The average target implies an upside of 36.48% from the current price of $184.96. More detailed estimate data can be found on the Danaher Corp (DHR) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, Danaher Corp's (DHR, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Danaher Corp (DHR, Financial) in one year is $242.21, suggesting a upside of 30.95% from the current price of $184.96. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Danaher Corp (DHR) Summary page.
