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Boston Scientific price target raised to $129 from $125 at Truist

Truist analyst Richard Newitter raised the firm’s price target on Boston Scientific (BSX) to $129 from $125 and keeps a Buy rating on the shares. The firm is bullish on the company’s long-term growth prospects after its Investor Day presentation, the analyst tells investors in a research note. Boston Scientific continues to stand out as a top performing large-cap MedTech with a best-in-class pipeline and attractive end-markets sustaining above-average double-digit revenue and EPS growth, the firm added.

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