Boston Scientific (NYSE:BSX) Price Target Cut to $105.00 by Analysts at UBS Group

Boston Scientific (NYSE:BSXFree Report) had its price target lowered by UBS Group from $120.00 to $105.00 in a research report report published on Tuesday,Benzinga reports. UBS Group currently has a buy rating on the medical equipment provider’s stock.

A number of other research firms have also commented on BSX. Mizuho lowered their price target on shares of Boston Scientific from $140.00 to $115.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Barclays cut their price objective on shares of Boston Scientific from $136.00 to $124.00 and set an “overweight” rating for the company in a report on Tuesday, February 3rd. Needham & Company LLC lowered their target price on shares of Boston Scientific from $121.00 to $97.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Jefferies Financial Group reiterated a “buy” rating on shares of Boston Scientific in a research report on Monday. Finally, JPMorgan Chase & Co. cut their price target on Boston Scientific from $135.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Boston Scientific has a consensus rating of “Buy” and a consensus price target of $107.32.

Read Our Latest Report on BSX

Boston Scientific Stock Performance

BSX opened at $71.19 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.62 and a quick ratio of 1.08. The business has a fifty day simple moving average of $81.42 and a 200 day simple moving average of $92.71. Boston Scientific has a 1 year low of $67.56 and a 1 year high of $109.50. The company has a market capitalization of $105.64 billion, a PE ratio of 36.70, a price-to-earnings-growth ratio of 0.98 and a beta of 0.69.

Boston Scientific (NYSE:BSXGet Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The medical equipment provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.02. Boston Scientific had a return on equity of 19.63% and a net margin of 14.44%.The firm had revenue of $5.29 billion for the quarter, compared to analysts’ expectations of $5.29 billion. During the same quarter last year, the business earned $0.70 EPS. The company’s quarterly revenue was up 15.9% compared to the same quarter last year. Boston Scientific has set its Q1 2026 guidance at 0.780-0.800 EPS and its FY 2026 guidance at 3.430-3.490 EPS. Research analysts expect that Boston Scientific will post 2.85 EPS for the current year.

Insider Transactions at Boston Scientific

In other Boston Scientific news, CEO Michael F. Mahoney sold 160,901 shares of Boston Scientific stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $93.49, for a total value of $15,042,634.49. Following the transaction, the chief executive officer owned 1,411,735 shares in the company, valued at $131,983,105.15. The trade was a 10.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Boston Scientific

A number of hedge funds have recently made changes to their positions in the stock. FWL Investment Management LLC bought a new position in Boston Scientific in the 2nd quarter valued at approximately $26,000. Steph & Co. bought a new stake in shares of Boston Scientific during the third quarter worth $25,000. Murphy & Mullick Capital Management Corp increased its holdings in shares of Boston Scientific by 200.0% during the third quarter. Murphy & Mullick Capital Management Corp now owns 255 shares of the medical equipment provider’s stock worth $25,000 after buying an additional 170 shares in the last quarter. Financial Consulate Inc. bought a new position in shares of Boston Scientific in the 3rd quarter valued at $25,000. Finally, Swiss RE Ltd. bought a new position in shares of Boston Scientific in the 4th quarter valued at $26,000. 89.07% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Boston Scientific

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Boston Scientific Company Profile

(Get Free Report)

Boston Scientific Corporation (NYSE: BSX) is a global medical device company that develops, manufactures and markets a broad portfolio of products used in less-invasive medical procedures. Founded in 1979 by John Abele and Peter Nicholas, the company is headquartered in Marlborough, Massachusetts, and focuses on technologies that enable physicians to treat a wide range of cardiovascular, digestive, urologic, pulmonary and chronic pain conditions without open surgery.

Boston Scientific’s activities span product development, clinical research, regulatory affairs and commercial sales.

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Analyst Recommendations for Boston Scientific (NYSE:BSX)

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