Citigroup raised its 2011 and 2012 EPS estimates for Danaher Corp. (NYSE:DHR) and maintained its buy rating and $64 price target.
The bank sees 2011 EPS of $2.82, up from $2.75 per share, vs. consensus estimates of $2.81 per share, and 2012 EPS of $3.35, up from $3.05 per share, vs. consensus estimates of $3.33 per share.
Danaher has a potential upside of 10.4% based on a current price of $54.38 and an average consensus analyst price target of $60.05.
