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Boston Scientific (BSX) Receives a Buy from RBC Capital

Tipranks - Tipranks - Tue Mar 31, 6:09AM CDT

RBC Capital analyst Shagun Singh Chadha maintained a Buy rating on Boston Scientific today and set a price target of $115.00.

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Singh Chadha covers the Healthcare sector, focusing on stocks such as Boston Scientific, Inspire Medical Systems, and Becton Dickinson. According to TipRanks, Singh Chadha has an average return of 0.8% and a 45.77% success rate on recommended stocks.

In addition to RBC Capital, Boston Scientific also received a Buy from Bank of America Securities’s Travis Steed in a report issued today. However, on March 17, TipRanks – xAI reiterated a Hold rating on Boston Scientific (NYSE: BSX).

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Based on Boston Scientific’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.29 billion and a net profit of $668 million. In comparison, last year the company earned a revenue of $4.56 billion and had a net profit of $566 million

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