DHR Crosses Above Average Analyst Target
January 10, 2018 at 08:36 AM EST
In recent trading, shares of Danaher Corp (DHR) have crossed above the average analyst 12-month target price of $98.33, changing hands for $98.61/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..