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BSX

Boston Scientific

08:10
10/10/16
10/10
08:10
10/10/16
08:10

Boston Scientific names Ian Meredith as global chief medical officer

Boston Scientific announced that Professor Ian Meredith AM will join the company as executive vice president and global chief medical officer in January, 2017. In his new position, Professor Meredith will lead clinical and medical affairs across Boston Scientific and will provide global leadership of the company's clinical trial strategy. Professor Meredith will succeed Executive Vice President and Global Chief Medical Officer Keith Dawkins, M.D., who has announced his intention to retire from the company in January 2017.

  • 26

    Oct

  • 06

    Nov

BSX Boston Scientific

06/08/16
GUGG
06/08/16
INITIATION
Target $26
GUGG
Buy
Boston Scientific initiated with a Buy at Guggenheim
Guggenheim analyst Chris Pasquale initiated Boston Scientific with a Buy rating and price target of $26.
08/01/16
STFL
08/01/16
NO CHANGE
STFL
Boston Scientific estimates raised at Stifel
Stifel analyst Rick Wise raised his estimates for Boston Scientific citing clinicians' increased optimism about the company's Lotus transcatheter aortic valve replacement product. Wise now expects Lotus to have a 20% share of the market in 2020, up from 12% previously. He keeps a $28 price target and Buy rating on the stock.
09/01/16
ARGS
09/01/16
UPGRADE
ARGS
Buy
Boston Scientific upgraded to Buy from Hold at Argus
Argus analyst David Toung believes that Boston Scientific reported "strong" Q2 sales, while the company is gaining share. He thinks that the stock's valuation is attractive. Target $33.
09/01/16
09/01/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Boston Scientific (BSX) upgraded to Buy from Hold at Argus by analyst David Toung, who believes that the company reported "strong" Q2 sales and is gaining share. 2. WEX Inc. (WEX) upgraded to Outperform from Underperform at CLSA by analyst Tom McCrohan who increased his average fuel price outlook, which resulted in an increase in earnings contribution of approximately 30c per share for both 2017 and 2018. Additionally, the analyst said management is beginning to implement higher late fees on its small business clients, which can unlock 90c per share of additional earnings power as small fleet customers incur higher late fees on overdue balances. 3. Nomura (NMR) upgraded to Hold from Underperform at Jefferies by analyst Makarim Salman, who still cautions investors not to "chase the momentum" following the company's positive Q1 earnings. 4. Seacoast Banking (SBCF) upgraded to Outperform from Market Perform at Keefe Bruyette by analyst Jefferson Harralson, who thinks the company is about to "ramp to a meaningfully higher profitability" following its efficiency improvements. 5. Randgold (GOLD) upgraded to Buy from Hold at Canaccord, citing valuation following its Q2 results. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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