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Danaher Corp. (NYSE:DHR) was downgraded by stock analysts at S&P Equity Research to a “sell” rating in a report issued on Friday, Analyst Ratings Network reports.

Shares of Danaher Corp. (NYSE:DHR) traded down 1.02% on Friday, hitting $77.73. 1,877,675 shares of the company’s stock traded hands. Danaher Corp. has a 1-year low of $57.61 and a 1-year high of $78.64. The stock has a 50-day moving average of $76.00 and a 200-day moving average of $70.85. The company has a market cap of $54.193 billion and a price-to-earnings ratio of 21.95.

The company also recently announced a quarterly dividend, which is scheduled for Friday, January 31st. Shareholders of record on Monday, December 30th will be paid a dividend of 0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.13%. The ex-dividend date is Thursday, December 26th.

A number of other analysts have also recently weighed in on DHR. Analysts at Deutsche Bank raised their price target on shares of Danaher Corp. from $35.00 to $37.00 in a research note to investors on Friday. Separately, analysts at Merrill Lynch upgraded shares of Danaher Corp. to a “buy” rating in a research note to investors on Tuesday. Finally, analysts at Bank of America Corp. upgraded shares of Danaher Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday. They now have a $90.00 price target on the stock, up previously from $78.00. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nineteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $73.50.

Danaher Corporation (NYSE:DHR) designs, manufactures and markets professional, medical, industrial and commercial products and services.

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