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Home.forex news reportTruist Cuts PT on Boston Scientific Corporation (BSX) to $92 From $95...

Truist Cuts PT on Boston Scientific Corporation (BSX) to $92 From $95 – Here’s Why

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Boston Scientific Corporation (NYSE:BSX) is one of the best long term stocks to invest in according to billionaires. Truist cut the price target on Boston Scientific Corporation (NYSE:BSX) to $92 from $95 on March 18, reiterating a Buy rating on the shares. The rating update came ahead of the company’s CHAMPION-AF readout, with the firm telling investors in a research note that it anticipates positive trial data hitting endpoints, which should lead to an expanded WATCHMAN indication.

Was Jim Cramer Right About Boston Scientific Corporation (BSX)?
Was Jim Cramer Right About Boston Scientific Corporation (BSX)?

Boston Scientific Corporation (NYSE:BSX) also received a rating update from UBS on March 17, with the firm cutting the price target on the stock to $105 from $120 while maintaining a Buy rating on the shares.

In its fiscal Q4 and full year 2025 results, Boston Scientific Corporation (NYSE:BSX) announced that it generated net sales of $5.286 billion during fiscal Q4, reflecting a 15.9% growth on a reported basis, 14.3% growth on an operational basis, and 12.7% growth on an organic basis, all compared to the prior year period. For the full year 2025, Boston Scientific Corporation (NYSE:BSX) generated net sales of $20.074 billion, up 19.9% on a reported basis, 19.2% on an operational basis, and 15.8% on an organic basis.

Boston Scientific Corporation (NYSE:BSX) manufactures, develops, and markets medical devices used in interventional medical procedures. Its operations are divided into Cardiovascular and MedSurg segments. The Cardiovascular segment covers Cardiology and Peripheral Interventions, while the MedSurg segment comprises Urology, Endoscopy, and Neuromodulation.

While we acknowledge the potential of BSX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.

Disclosure: None. Follow Insider Monkey on Google News.



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