All-Cash Masimo Deal Offers Strong Strategic Fit For Danaher Corporation (DHR)

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Muhammad Ali KhalidTue, February 24, 2026 at 8:31 PM GMT+1 2 min readDanaher Corporation (NYSE:DHR) is one of the 10 best life sciences stocks to buy according to hedge funds.On February 17, Danaher Corporation (NYSE:DHR) announced an agreement to acquire Masimo Corporation (NASDAQ:MASI) for nearly $9.9 billion. In the all-cash deal, Danaher will acquire 100% of the common shares outstanding at $180 per share. This translates into 2027 forecasted EBITDA multiples of 15x and 18x, with and without potential synergies, respectively.All-Cash Masimo Deal Offers Strong Strategic Fit For Danaher Corporation (DHR)Rainer M. Blair, Danaher’s President and Chief Executive Officer, was encouraged by the deal and stated:“We’ve followed this innovative company for many years and see it as an exceptional strategic fit for Danaher. Masimo is a leader in pulse oximetry and other patient monitoring solutions, which combined with its trusted brand and differentiated technology, will greatly strengthen our diagnostics franchise. With the Danaher Business System and our global scale, we see opportunities to expand Masimo’s reach and continue improving outcomes for patients, particularly those in acute care settings.”The deal is expected to close in the second half of 2026.Earlier, on January 29, the price target on Danaher Corporation (NYSE:DHR) was increased from $250 to $254 by Evercore ISI analyst Vijay Kumar. The analyst maintained his Buy rating on the stock with a revised upside potential of more than 21% from the prevailing level.After Danaher’s earlier forecasts for FY26, the Q4 call offered no surprises to that. Kumar views the current guidance as conservative with room for growth, since it excludes assumptions around potential capital deployments. He also anticipates a possible recovery in the life sciences end market.Danaher Corporation (NYSE:DHR) is a science and technology innovator that offers medical, research, and industrial products and services, with an emphasis on biotechnology, life sciences, and diagnostics. Operating through its subsidiaries, it delivers various solutions, including advanced testing, bioprocessing technologies, cell culture media development services, filtration technologies, and more.While we acknowledge the potential of DHR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 15 Most Promising Mid-Cap Healthcare Stocks Under $50 and 11 Most Promising Small-Cap Industrial Stocks Under $50.Disclosure: None. 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