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Jefferies Keeps Their Buy Rating on Boston Scientific (BSX)

Tipranks - Tue Mar 31, 8:48AM CDT

Jefferies analyst Matthew Taylor maintained a Buy rating on Boston Scientific today and set a price target of $110.00.

End of Quarter Sale - 50% Off TipRanks

Taylor covers the Healthcare sector, focusing on stocks such as Edwards Lifesciences, Boston Scientific, and Lantheus. According to TipRanks, Taylor has an average return of 6.9% and a 54.18% success rate on recommended stocks.

In addition to Jefferies, Boston Scientific also received a Buy from Evercore ISI’s Vijay Kumar in a report issued today. However, on March 17, TipRanks – xAI reiterated a Hold rating on Boston Scientific (NYSE: BSX).

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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