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Boston Scientific price target raised to $140 from $135 at UBS

UBS raised the firm’s price target on Boston Scientific (BSX) to $140 from $135 and keeps a Buy rating on the shares following the Q3 report. The company’s momentum is not slowing down following another quarter of organic sales and earnings growth above consensus, the analyst tells investors in a research note. UBS believes Boston Scientific continues to benefit from the “most positive product cycle in all of large-cap MedTech.”

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