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Analysts Offer Insights on Healthcare Companies: Boston Scientific (BSX) and Abbott Laboratories (ABT)

Tipranks - Tipranks - Tue Mar 31, 9:05AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Boston Scientific (BSX) and Abbott Laboratories (ABT) with bullish sentiments.

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Boston Scientific (BSX)

Leerink Partners analyst Mike Kratky reiterated a Buy rating on Boston Scientific today and set a price target of $89.00. The company’s shares closed last Monday at $64.40.

According to TipRanks.com, Kratky is ranked #1529 out of 12128 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Boston Scientific with a $103.95 average price target, a 61.9% upside from current levels. In a report issued on March 18, Truist Financial also maintained a Buy rating on the stock.

See today’s best-performing stocks on TipRanks >>

Abbott Laboratories (ABT)

Bank of America Securities analyst Travis Steed maintained a Buy rating on Abbott Laboratories today. The company’s shares closed last Monday at $103.23, close to its 52-week low of $99.71.

According to TipRanks.com, Steed is a 3-star analyst with an average return of 2.4% and a 48.9% success rate. Steed covers the Healthcare sector, focusing on stocks such as Kestra Medical Technologies Ltd., GE Healthcare Technologies Inc, and Bausch + Lomb Corporation. ;'>

Currently, the analyst consensus on Abbott Laboratories is a Strong Buy with an average price target of $136.15, a 30.0% upside from current levels. In a report issued on March 24, Wells Fargo also maintained a Buy rating on the stock with a $122.00 price target.

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