JPMorgan has adjusted its price target for Danaher (DHR, Financial), reducing it to $260 from the previous $280, while maintaining an Overweight rating on the stock. Despite this revision, Danaher's first-quarter results surpassed expectations, offering a positive outlook for the company's near-term performance.
The company has reiterated its 2025 revenue guidance and introduced new earnings forecasts for the year that align closely with Wall Street's predictions. Although there are ongoing developments regarding tariffs, the anticipated effects appear manageable. Furthermore, Danaher's measures to reduce costs provide additional support for the year's guidance.
The analyst continues to regard Danaher as an attractive investment opportunity within the tools sector, given the prevailing macroeconomic environment. The company's strategic positioning and resilience against external challenges make it a key player in its industry.
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 30.13% from the current price of $193.99. 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 24.86% from the current price of $193.99. 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.