BUZZ-Street View: Danaher could lean on bioprocessing strength to withstand macro headwinds

Reuters
23 Jul
BUZZ-Street View: Danaher could lean on bioprocessing strength to withstand macro headwinds

** Life sciences firm Danaher DHR.N raised its annual profit forecast on Tuesday, banking on steady demand for bioprocessing from its pharmaceutical clients and a recovery in China

BIOPROCESSING GROWTH IN FOCUS

** J.P.Morgan ("overweight," PT: $260) says DHR remains a top pick given its strong product portfolio that is shielded from macro pressures

** Wells Fargo ("equal weight," PT: $205) says bioprocess continues to show solid recovery while the life sciences segment is set to improve in the second half of the year

** Barclays ("overweight," PT: $225) sees 5-6% core growth for the business in 2026 if demand for bioprocessing picks up

** Raymond James ("market perform") expects 8-9% growth in Q4 given commercial exposure and supporting order book

(Reporting by Kanchana Chakravarty in Bengaluru)

((Kanchana.Chakravarty@thomsonreuters.com))

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