We're cutting our price target on Danaher as frustration mounts after a messy quarter

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We're cutting our price target on Danaher as frustration mounts after a messy quarter
Biotech And PharmaceuticalsHealth Care IndustryThermo Fisher Scientific Inc
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Shares tumbled more than 8% after in response to fourth-quarter earnings and 2025 guidance.

Danaher shares are under pressure Wednesday as the Club holding's fourth-quarter earnings results came in mixed and guidance disappointed. The company long known for its operational excellence is further testing our patience. Revenue for the three months ended Dec. 31 advanced 2% year over year on a reported basis, to $6.54 billion, outpacing the LSEG consensus estimate of $6.43 billion. On an organic basis, sales were up 1% versus the year-ago period.

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.shares are under pressure Wednesday as the Club holding's fourth-quarter earnings results came in mixed and guidance disappointed. The company long known for its operational excellence is further testing our patience.

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