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Fly News Breaks for December 30, 2019
BSX
Dec 30, 2019 | 06:23 EDT
Cowen analyst Joshua Jennings raised his price target for Boston Scientific to $52 from $47 and maintained an Outperform rating. In a research note to investors, Jennings says he believes the Boston Scientific story remains "compelling," given the company's sustainable, above-peer revenue growth, combined with its operating margin expansion story and double-digit EPS growth trajectory. He views the Q4 setup "favorably" and expects 2020 guidance to fuel the bull case while leaving upside to the top- and bottom-line ranges.
News For BSX From the Last 2 Days
BSX
Apr 25, 2024 | 08:24 EDT
Evercore ISI analyst Vijay Kumar raised the firm's price target on Boston Scientific to $78 from $72 and keeps an Outperform rating on the shares as the firm said the company reported "solid results and there wasn't much to pick on." While EP franchise acceleration driven by Farapulse PFA launch "is generally well known" by the Street, the firm says it doesn't think "anyone expected ~86% US growth and ~72% International growth."
BSX
Apr 25, 2024 | 06:29 EDT
Baird analyst David Rescott raised the firm's price target on Boston Scientific to $84 from $79 and keeps an Outperform rating on the shares. The firm noted its 1Q24 revenue/adjusted EPS beat was the biggest over the past several years and one of the most compelling in diversified LGCP MedTech.
BSX
Apr 24, 2024 | 13:53 EDT
Stifel raised the firm's price target on Boston Scientific to $83 from $70 and keeps a Buy rating on the shares. The firm said the company delivered "solid" Q1 outperformance, underpinned by "important" new product launches. Looking ahead to 2024 and beyond, Stifel believes Boston Scientific could continue outperforming their Loan Repayment Program and the firm's projections.
BSX
Apr 24, 2024 | 08:50 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here