** Danaher DHR beat Wall Street estimates for first-quarter profit on Tuesday, and said it expects to incur additional tariff-related costs of about $350 million this year ** Median PT of brokerages covering the stock is $246.50, per data compiled by LSEG ABLE TO NAVIGATE TOUGH ENVIRONMENT ** Leerink Partners ("outperform", PT:$230) says it sees DHR as the leader in the recurring revenue market of bioprocess tools ** William Blair ("outperform") says Danaher is well insulated from broader macro headwinds (e.g., weaker U.S. academic and government market, slowdown in biotech funding, tariffs) ** Evercore ISI ("outperform", PT:$230) says underlying order momentum and backlog build was a solid data point that suggests order patterns normalizing ** RBC Capital Markets ("outperform," PT:$250) says DHR's positive Q1 results provides a much-needed piece of good news for the sector
Danaher is a Washington-based medical device company that manufactures and supplies testing instruments and diagnostic equipment for the healthcare industry across the globe.