Investment firm Baird has revised its price target for Danaher Corporation (DHR, Financial), reducing it from $231 to $225. This adjustment follows an update to the firm's financial model in light of Danaher's first-quarter earnings results.
Despite the lowered price target, Baird continues to maintain its Outperform rating on the shares of Danaher. This suggests that the firm still sees strong potential for the stock moving forward, despite the recent adjustment.