Danaher Corp

DHR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$713.00	Lycnc	Cfhlnbsy

Danaher Earnings: Strong Start to 2024 Boosts Our Fair Value Estimate

Julie Utterback

Apr 23, 2024

Narrow-moat Danaher started strong in 2024 primarily on the strength of its Cepheid diagnostic business, although positive signs are coming out of its other segments, too. We are raising our fair value estimate for Danaher 5% to $255 per share from $243 to reflect this strong start and cash flows generated since our last valuation update.

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