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UPDATE: J.P. Morgan Raises PT on Danaher to $60 (DHR)
Monday, April 25, 2011 - 8:29am | 123J.P. Morgan is out with its report today on Danaher (NYSE: DHR), raising its PT from $59 to $60. In a note to clients, J.P. Morgan writes, "We are raising our 2011 EPS to $3.80 (from $3.75) and 2012 to $3.35 (from $3.30). The impact of BEC/PacSi/Esko was already included in our prior estimates,...
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Deutsche Bank Reiterates Buy on Danaher (DHR)
Monday, April 25, 2011 - 8:14am | 110Deutsche Bank is out with its report today on Danaher (NYSE: DHR), reiterating Buy. In a note to clients, Deutsche Bank writes, "Despite a solid 1Q performance across all metrics, DHR underperformed the market by ~1% on Thursday, reflecting the very modest guidance bump (likely expected by the...
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Citigroup On MI-EE 2011 Outlook
Thursday, December 2, 2010 - 10:43am | 266Citigroup has published a research report on Multi-Industry & Electrical Equipment (MI-EE) companies as the industry discloses its 2011 outlook. In the report, Citigroup writes "Multi- Industry & Electrical Equipment (MI-EE) companies launch their annual blitz of 2011 outlook meetings/calls...
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Danaher's "High-Quality" 3Q Report
Friday, October 22, 2010 - 8:07am | 132JP Morgan has published a research report on Danaher Corporation (NYSE: DHR) after the company reported high-quality earnings in its 3Q, expecting growth to continue in the coming months. In the report, JP Morgan writes "DHR returned to form in 3Q, with a "no questions asked," high-quality beat,...
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Jefferies Initiates Coverage On SIRO, XRAY, CALP, DENX, DHR, PKI
Wednesday, October 6, 2010 - 9:23am | 91Jefferies & Co. has initiated coverage for the following companies: Sirona Dental Systems (NASDAQ: SIRO) Hold Dentsply (NASDAQ: XRAY) Buy, $40 price target Caliper Life Sciences (NASDAQ: CALP) Buy, $6 price target Dionex (NASDAQ: DNEX) Hold Danaher (NYSE: DHR) Buy, $52 price target PerkinElmer...
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Snap-On "Snaps" Back Into October
Monday, October 4, 2010 - 8:54am | 264Snap On (NYSE: SNA) is the leader in supplying tools to American mechanics, and has been in a decade-long drive to ramp up sales and boost margins. Last year Snap-On ran into a recession snag when earnings plummeted 43% and revenues dropped 18%, according to Barron's. Conversely, Barron's writes,...
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Danaher Acquires Keithley Instruments For ~$300M
Thursday, September 30, 2010 - 7:05am | 105Deutsche Bank has published a research report on Danaher Corporation (NYSE: DHR). In the report, Deutsche Bank writes "DHR announced the acquisition of Keithley Instruments (NYSE: KEI) a supplier of bench test and measurement equipment into the Semiconductor (~35% sales), Precision Electronics (~30...
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Danaher Buys Keithley Instruments
Thursday, September 30, 2010 - 6:45am | 106Citigroup has published a research report on the Danaher Corporation (NYSE: DHR). In the report, Citigroup writes "Danaher entered into a definitive agreement to buy well-known T&M brand Keithley Instruments (NYSE: KEI) for ~$300 million, a ~75% premium to yesterday's $12.39 closing price....