Truist analyst Richard Newitter raised the firm’s price target on Boston Scientific (BSX) to $120 from $110 and keeps a Buy rating on the shares. The company reported Q4 earnings beat and the management’s FY25 outlook has “room for upside”, the analyst tells investors in a research note. Boston Scientific’s multiple growth drivers include the “unrelenting” Pulsed Field Ablation System story, a beat in Urology, and P&L leverage, Truist added.
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