BofA Cuts PT on Boston Scientific Corporation (BSX) Over Worries for Medtech

3 hours ago 2

Noor Ul Ain Rehman

Tue, May 26, 2026 astatine 7:10 AM CDT 2 min read

Boston Scientific Corporation (NYSE:BSX) is 1 of the champion aesculapian stocks to put successful according to billionaires. BofA chopped the terms people connected Boston Scientific Corporation (NYSE:BSX) to $68 from $105 connected May 18, reaffirming a Buy standing connected the shares. The steadfast told investors that aft having hosted 34 medtech companies past week successful Las Vegas, it updated respective terms targets for “the caller world of medtech valuations” successful a twelvemonth of fewer merchandise cycles, ostentation kicking up post-war, ACA, and utilization worries, and “data centers implicit healthcare”.

Baird Maintains Bullish View connected Boston Scientific (BSX) Despite Lower Target

In different development, Argus chopped the terms people connected Boston Scientific Corporation (NYSE:BSX) to $95 from $115 connected April 27, reaffirming a Buy standing connected the shares. The standing update came aft the company’s fiscal Q1 net and guidance cut, with the steadfast telling investors successful a probe enactment that the banal has precocious underperformed the broader market. However, it added that the institution remains well-positioned successful high-growth areas specified arsenic cardiovascular, electrophysiology, and neuromodulation, with the absorption mounting much achievable objectives by cutting its outlook. Argus believes that Boston Scientific Corporation’s (NYSE:BSX) terms weakness creates a buying opportunity.

Boston Scientific Corporation (NYSE:BSX) manufactures, develops, and markets aesculapian devices utilized successful interventional aesculapian procedures. Its operations are divided into Cardiovascular and MedSurg segments. The Cardiovascular conception covers Cardiology and Peripheral Interventions, portion the MedSurg conception comprises Urology, Endoscopy, and Neuromodulation.

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