{"id":58626,"date":"2026-02-17T00:38:33","date_gmt":"2026-02-17T04:38:33","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/macrons-india-visit-anchors-defense-deals-danaher-eyes-10b-masimo-acquisition\/58626\/"},"modified":"2026-02-17T00:38:33","modified_gmt":"2026-02-17T04:38:33","slug":"macrons-india-visit-anchors-defense-deals-danaher-eyes-10b-masimo-acquisition","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/macrons-india-visit-anchors-defense-deals-danaher-eyes-10b-masimo-acquisition\/58626\/","title":{"rendered":"Macron\u2019s India Visit Anchors Defense Deals; Danaher Eyes $10B Masimo Acquisition"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Danaher (<a href=\"\/stock\/DHR\">DHR<\/a>) is in advanced talks to acquire medical technology firm Masimo (<a href=\"\/stock\/MASI\">MASI<\/a>)<\/strong> in a deal valued at approximately <strong>$10 billion<\/strong>, representing a significant premium over Masimo&#39;s recent market capitalization.<\/li>\n<li><strong>French President Emmanuel Macron arrived in India<\/strong> to finalize a massive defense agreement involving <strong>114 Rafale fighter jets<\/strong>, a deal estimated to be worth nearly <strong>$40 billion (Rs 3.6 trillion)<\/strong>.<\/li>\n<li><strong>Thailand\u2019s tourism sector is facing a rare downturn<\/strong>, with foreign visitor arrivals dropping <strong>7.6% year-on-year<\/strong> in early 2026, marking the first non-pandemic decline in a decade.<\/li>\n<li><strong>Major analyst shifts<\/strong> saw price targets lowered for high-growth names like Shopify (<a href=\"\/stock\/SHOP\">SHOP<\/a>) and IQVIA (<a href=\"\/stock\/IQV\">IQV<\/a>), while industrial and energy players like Mohawk Industries (<a href=\"\/stock\/MHK\">MHK<\/a>) and TC Energy (<a href=\"\/stock\/TRP\">TRP<\/a>) received upgrades.<\/li>\n<\/ul>\n<h2>Healthcare M&amp;A: Danaher Nears $10B Masimo Deal<\/h2>\n<p>Danaher (<a href=\"\/stock\/DHR\">DHR<\/a>) is reportedly closing in on a <strong>$10 billion acquisition<\/strong> of Masimo (<a href=\"\/stock\/MASI\">MASI<\/a>), a leader in noninvasive monitoring technologies. The deal would incorporate Masimo\u2019s specialized pulse oximetry and signal processing hardware into Danaher\u2019s massive life sciences and diagnostics portfolio.<\/p>\n<p>The acquisition comes at a time when Masimo has been embroiled in high-profile intellectual property disputes with tech giants. <em>Market analysts view this move as a strategic expansion for Danaher, which has a long history of aggressive, high-value acquisitions to drive growth.<\/em><\/p>\n<h2>Global Defense: Macron and India\u2019s &quot;Blockbuster&quot; Jet Deal<\/h2>\n<p>French President Emmanuel Macron has commenced a three-day state visit to India, where the primary focus is a <strong>landmark defense contract<\/strong>. The Indian government recently cleared a proposal to procure <strong>114 Rafale fighter jets<\/strong> from Dassault Aviation to modernize the Indian Air Force&#39;s aging fleet.<\/p>\n<p>The deal is structured to support the &quot;Make in India&quot; initiative, with <strong>18 jets delivered off-the-shelf<\/strong> and the remaining <strong>96 manufactured domestically<\/strong>. This partnership solidifies France as India&#39;s premier defense ally, surpassing traditional suppliers in both scale and technology transfer.<\/p>\n<h2>Analyst Watch: Target Adjustments and Ratings Shifts<\/h2>\n<p>The technology and healthcare sectors saw a wave of price target reductions this morning. Jefferies lowered its target for Shopify (<a href=\"\/stock\/SHOP\">SHOP<\/a>) to <strong>$125<\/strong>, while TD Cowen cut its outlook for IQVIA (<a href=\"\/stock\/IQV\">IQV<\/a>) to <strong>$174<\/strong>. JPMorgan also reduced its target for IT services giant Capgemini (<a href=\"\/stock\/CAP\">CAP<\/a>) to <strong>\u20ac150<\/strong>.<\/p>\n<p>Conversely, the energy and industrial sectors showed resilience. RBC lifted its price target for TC Energy (<a href=\"\/stock\/TRP\">TRP<\/a>) to <strong>C$92<\/strong> following a strong earnings report, and raised Mohawk Industries (<a href=\"\/stock\/MHK\">MHK<\/a>) to <strong>$135<\/strong>. In the real estate sector, Piper Sandler showed bullishness on retail REITs, lifting targets for both Kimco Realty (<a href=\"\/stock\/KIM\">KIM<\/a>) to <strong>$28<\/strong> and Federal Realty (<a href=\"\/stock\/FRT\">FRT<\/a>) to <strong>$127<\/strong>.<\/p>\n<h2>Macro Trends: Thailand Tourism Slump<\/h2>\n<p>Thailand\u2019s Ministry of Tourism and Sports reported a <strong>7.6% year-on-year decline<\/strong> in foreign visitors for the first six weeks of 2026. The drop to <strong>5.07 million arrivals<\/strong> is attributed to a combination of a strengthening Thai baht, which has reduced price competitiveness, and increased competition from regional neighbors like Vietnam.<\/p>\n<p><em>The decline is particularly notable as it follows a decade of consistent growth, excluding the COVID-19 era.<\/em> Authorities are reportedly considering new stimulus measures, including fee waivers, to reach their ambitious goal of <strong>36.7 million visitors<\/strong> by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Danaher (DHR) is in advanced talks to acquire medical technology firm Masimo (MASI) in a deal valued at [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[412,920,1801,3829,3879,5230,6224,7460,17265],"class_list":["post-58626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-dhr","tag-masi","tag-mhk","tag-ma","tag-shop","tag-defense","tag-tourism","tag-trp","tag-iqv"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/58626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=58626"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/58626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=58626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=58626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=58626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}