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Boston Scientific price target raised to $70 from $62 at Wells Fargo

Wells Fargo raised the firm’s price target on Boston Scientific (BSX) to $70 from $62 and keeps an Overweight rating on the shares. The firm has updated its Boston Scientific model for the acquisition for Axonics (AXNX), which the company expects to close in the first half of 2024. Wells models the deal being 1c dilutive to its 2024 EPS and accretive thereafter.

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