RBC Capital raised the firm’s price target on Boston Scientific (BSX) to $98 from $95 and keeps an Outperform rating on the shares. The company’s Q3 results were “impressive”, while the management raised its 2024 guide, now exiting the year at +15% organic sales growth, the analyst tells investors in a research note. The stock was down due to a temporary pause in an EP trial, AVANTGUARD, but the decline appears overdone based on its key opinion leader checks, RBC added.
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