Nomura Securities Maintains a 'Buy' on Danaher (DHR); Q4 Review
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Price: $201.65 -0.4%
Rating Summary:
30 Buy, 10 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
Rating Summary:
30 Buy, 10 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
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Nomura Securities maintains a 'Buy' on Danaher (NYSE: DHR) price target of $59.00.
Analyst, Shannon O'Callaghan, said, "Segment OP beat us by $0.01 and EPS beat us by $0.02 on a continuing ops basis, with organic growth and margins both slightly better. Organic growth of 4% beat our 3.2% estimate (and guide for less than 4%) driven by a better December, which does not appear to be pull-forward given solid trends in January. 1Q guide of $0.66- $0.71 compares to our $0.70 and consensus of $0.71. 2012 guide maintained at $3.20-$3.35 vs. our $3.35 and consensus of $3.30. Importantly, Beckman has now resolved both its sodium and glucose test issues, demonstrating significant quality improvements since joining Danaher despite a Troponin process that could take a while."
For an analyst ratings summary and ratings history on Danaher click here. For more ratings news on Danaher click here.
Shares of Danaher closed at $52.51 yesterday.
Analyst, Shannon O'Callaghan, said, "Segment OP beat us by $0.01 and EPS beat us by $0.02 on a continuing ops basis, with organic growth and margins both slightly better. Organic growth of 4% beat our 3.2% estimate (and guide for less than 4%) driven by a better December, which does not appear to be pull-forward given solid trends in January. 1Q guide of $0.66- $0.71 compares to our $0.70 and consensus of $0.71. 2012 guide maintained at $3.20-$3.35 vs. our $3.35 and consensus of $3.30. Importantly, Beckman has now resolved both its sodium and glucose test issues, demonstrating significant quality improvements since joining Danaher despite a Troponin process that could take a while."
For an analyst ratings summary and ratings history on Danaher click here. For more ratings news on Danaher click here.
Shares of Danaher closed at $52.51 yesterday.
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