Critical Insights From Boston Scientific Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Boston Scientific (NYSE:BSX) has received diverse analyst ratings over the past three months, with a majority being bullish. Analysts have raised their 12-month price targets, reflecting an upward trend. Despite positive revenue growth, Boston Scientific faces challenges with net margin, ROE, and ROA below industry averages.
October 21, 2024 | 12:01 pm
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Boston Scientific has received predominantly bullish analyst ratings, with several analysts raising their price targets. The average 12-month price target has increased by 6.88%. Despite positive revenue growth, the company faces challenges with profitability metrics below industry averages.
The majority of analysts have a bullish outlook on Boston Scientific, with several raising their price targets, indicating positive sentiment. The increase in the average price target suggests expectations of stock price appreciation. However, the company's profitability metrics are below industry averages, which could pose challenges. Overall, the positive analyst sentiment and raised price targets are likely to have a short-term positive impact on the stock price.
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