Truist raised the firm’s price target on Boston Scientific to $73 from $70 and keeps a Buy rating on the shares after its Q4 earnings beat. The U.S. TAVR timeline delay was a minor disappointment and likely stripped away some stock follow-through to an otherwise excellent quarter, but Farapulse alone should have enough revenue and profit growth momentum to drive meaningful upside, the analyst tells investors in a research note.
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Read More on BSX:
- Boston Scientific Announces Key Executive Appointments
- Boston Scientific (NYSE:BSX) Surges on Stellar Q4 Results
- Boston Scientific Announces Results for Fourth Quarter and Full Year 2023
- Boston Scientific sees FY24 adjusted EPS $2.23-$2.27, consensus $2.24
- Boston Scientific sees Q1 EPS 50c-52c, consensus 52c
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