Movement Alert|Danaher Rises 3.22% in Regular Trading, RBC Capital Markets Bullish on Bioprocess Recovery Outlook

Market Focus05-19 22:07

On May 15, Danaher rose 3.22% in regular trading, trading at $169.385/share, with trading volume of $136 million. The stock was buoyed by a bullish research note from RBC Capital Markets highlighting improving bioprocess demand trends.

RBC Capital Markets indicated that Danaher could see approximately 6% revenue growth in 2027, driven by a rebound in bioprocess demand and improving end markets. The firm's channel checks revealed robust demand trends for bioprocess consumables and expanding equipment order pipelines. With bioprocessing representing more than 25% of Danaher's total revenue, the company is well-positioned to benefit significantly from the sector recovery. RBC also noted that Danaher is working to close menu gaps in its Beckman Coulter business, sees continued improvement in molecular diagnostics, and could realize further growth upside from its pending Masimo acquisition expected to close in the second half of the year.

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