Barclays Maintains Overweight on Boston Scientific, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matt Miksic maintains an Overweight rating on Boston Scientific (NYSE:BSX) and raises the price target from $56 to $59.
August 01, 2023 | 1:56 pm
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Barclays maintains an Overweight rating on Boston Scientific and raises the price target from $56 to $59, which could positively impact the stock's price.
Analyst ratings and price targets can significantly influence a stock's price. In this case, Barclays, a reputable financial institution, has maintained an Overweight rating on Boston Scientific and raised its price target. This suggests that they believe the stock is undervalued and has potential for growth, which could lead to increased investor interest and a rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100