Danaher Corporation (DHR) Shares are Down -0.8%

Danaher Corporation (DHR) : During the past 4 weeks, traders have been relatively bearish on Danaher Corporation (DHR), hence the stock is down -1% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.77% relative to the S&P 500. The 4-week change in the price of the stock is -0.62% and the stock has fallen -0.8% in the past 1 week.

Danaher Corp. is up 8.02% in the last 3-month period. Year-to-Date the stock performance stands at 15.04%. The stock has recorded a 20-day Moving Average of 0.52% and the 50-Day Moving Average is 2.16%.


Danaher Corporation (NYSE:DHR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $80.41 and $80.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $80.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $80.74, notching a gain of 0.22% for the day. The total traded volume was 2,134,186 . The stock had closed at $80.56 on the previous day.

Also, Citigroup maintains their rating on the shares of Danaher Corporation (NYSE:DHR). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $84 per share from $81 per share. The rating by the firm was issued on July 27, 2016.

Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. It operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental, and Industrial Technologies. The Test & Measurement segment offers test, measurement and monitoring products. The Environmental segment products and services help protect the global water supply, facilitate environmental stewardship and enhance the safety of personal data. The Companys diagnostics business offers analytical instruments, reagents, consumables, software and services. The Dental segment provides products that are used to diagnose, treat and prevent disease and ailments of the teeth, gums and supporting bone. The Companys Industrial Technologies solutions help protect the worlds food supply, improve packaging design and quality, verify pharmaceutical dosages and authenticity and power innovative machines.

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