** Life sciences firm Danaher DHR.N raised its annual profit forecast on Tuesday, banking on steady demand for bioprocessing from its pharmaceutical clients and a recovery in China
BIOPROCESSING GROWTH IN FOCUS
** J.P.Morgan ("overweight," PT: $260) says DHR remains a top pick given its strong product portfolio that is shielded from macro pressures
** Wells Fargo ("equal weight," PT: $205) says bioprocess continues to show solid recovery while the life sciences segment is set to improve in the second half of the year
** Barclays ("overweight," PT: $225) sees 5-6% core growth for the business in 2026 if demand for bioprocessing picks up
** Raymond James ("market perform") expects 8-9% growth in Q4 given commercial exposure and supporting order book
(Reporting by Kanchana Chakravarty in Bengaluru)
((Kanchana.Chakravarty@thomsonreuters.com))