Analysts Offer Insights on Healthcare Companies: Danaher Corp (NYSE: DHR) and Insulet Corp (NASDAQ: PODD)

By Austin Angelo

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Danaher Corp (NYSE: DHR) and Insulet Corp (NASDAQ: PODD) with bullish sentiments.

Danaher Corp (NYSE: DHR)

In a report released yesterday, Richard Eastman from Robert W. Baird reiterated a Buy rating on Danaher Corp (NYSE: DHR), with a price target of $105. The company’s shares closed yesterday at $98.59, close to its 52-week high of $98.88.

According to TipRanks.com, Eastman is a 4-star analyst with an average return of 18.6% and a 88.6% success rate. Eastman covers the Consumer Goods sector, focusing on stocks such as Trimble Navigation Limited, MSA Safety Incorporated, and Keysight Technologies.

Currently, the analyst consensus on Danaher Corp is Strong Buy and the average price target is $103, representing a 4.5% upside.

In a report issued on January 3, Evercore ISI also initiated coverage with a Buy rating on the stock with a $106 price target.
Insulet Corp (NASDAQ: PODD)

In a report released today, Jeff Johnson from Robert W. Baird reiterated a Buy rating on Insulet Corp (NASDAQ: PODD), with a price target of $85. The company’s shares closed yesterday at $77.30, close to its 52-week high of $78.65.

According to TipRanks.com, Johnson is a 4-star analyst with an average return of 10.1% and a 69.1% success rate. Johnson covers the Healthcare sector, focusing on stocks such as Varian Medical Systems, Zimmer Biomet Holdings, and Wright Medical Group.

Currently, the analyst consensus on Insulet Corp is Strong Buy and the average price target is $72.80, representing a -5.8% downside.

In a report issued on January 4, Canaccord Genuity also reiterated a Buy rating on the stock with a $78 price target.

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