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Benzinga
Benzinga
Business
Priya Nigam

Danaher's Defensive Portfolio Is Ideal Amid Macro Fears: RBC Analyst

Danaher Deane Dray Danaher Corporation RBC Capital Markets

Danaher Corporation’s (NYSE:DHR) portfolio, with 75% recurring revenues and more than a 90% mix in life sciences and diagnostics, appears “incrementally more attractive” amid the currently harsh macro environment, according to RBC Capital Markets.

The Danaher Analyst: Deane Dray upgraded Danaher from Sector Perform to Outperform, while raising the price target from $299 to $310.

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