A pickup in the initial public offering market would be a boon to Danaher.
Life sciences firm Danaher has certainly not been an easy stock to own this year. A wave of startups going public on Wall Street would go a long ways toward changing that. Year-to-date performance: down 0.1% Forward price-to-earnings multiple: 27.8 versus a five-year average of 28.8 Our rating: Buy-equivalent 1 Our price target: $305 a share DHR YTD mountain Danaher's year-to-date stock performance.
A worker uses a machine made by Pall Corp. during a demonstration of the clarification stage of the production of influenza vaccine during a tour at a Sanofi Pasteur vaccine production facility in Swiftwater, Pennsylvania.has certainly not been an easy stock to own this year. A wave of startups going public on Wall Street would go a long ways toward changing that.
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