Stifel Nicolaus Cuts Boston Scientific (NYSE:BSX) Price Target to $90.00

Boston Scientific (NYSE:BSXFree Report) had its target price trimmed by Stifel Nicolaus from $110.00 to $90.00 in a research report released on Friday,Benzinga reports. The firm currently has a buy rating on the medical equipment provider’s stock.

Several other research firms have also recently commented on BSX. BTIG Research restated a “buy” rating on shares of Boston Scientific in a research report on Wednesday, February 4th. Wells Fargo & Company cut their price target on Boston Scientific from $125.00 to $94.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Morgan Stanley decreased their price objective on Boston Scientific from $130.00 to $118.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Oppenheimer lowered their target price on Boston Scientific from $125.00 to $100.00 and set an “outperform” rating on the stock in a research report on Friday, January 16th. Finally, The Goldman Sachs Group set a $99.00 target price on Boston Scientific in a research note on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $106.27.

Read Our Latest Stock Report on BSX

Boston Scientific Stock Performance

BSX stock opened at $69.54 on Friday. Boston Scientific has a 1 year low of $67.56 and a 1 year high of $109.50. The stock has a market capitalization of $103.34 billion, a price-to-earnings ratio of 35.84, a PEG ratio of 0.97 and a beta of 0.69. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.08 and a current ratio of 1.62. The stock’s fifty day moving average is $79.74 and its two-hundred day moving average is $91.94.

Boston Scientific (NYSE:BSXGet Free Report) last released its quarterly earnings results on Wednesday, February 4th. The medical equipment provider reported $0.80 EPS for the quarter, topping the consensus estimate of $0.78 by $0.02. The business had revenue of $5.29 billion during the quarter, compared to analyst estimates of $5.29 billion. Boston Scientific had a net margin of 14.44% and a return on equity of 19.63%. The company’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.70 earnings per share. 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. On average, research analysts predict that Boston Scientific will post 2.85 EPS for the current year.

Insider Activity

In related news, CEO Michael F. Mahoney sold 160,901 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $93.49, for a total transaction 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. This trade represents a 10.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Boston Scientific

A number of institutional investors have recently added to or reduced their stakes in BSX. Vanguard Group Inc. boosted its stake in shares of Boston Scientific by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 138,249,447 shares of the medical equipment provider’s stock worth $13,497,294,000 after acquiring an additional 1,115,337 shares in the last quarter. State Street Corp grew its holdings in shares of Boston Scientific by 1.1% in the 2nd quarter. State Street Corp now owns 65,191,864 shares of the medical equipment provider’s stock worth $7,002,258,000 after acquiring an additional 713,379 shares during the last quarter. Synergy Asset Management LLC raised its position in shares of Boston Scientific by 3,493.0% during the third quarter. Synergy Asset Management LLC now owns 493,323 shares of the medical equipment provider’s stock worth $48,297,000 after purchasing an additional 479,593 shares during the period. Gladstone Institutional Advisory LLC lifted its holdings in shares of Boston Scientific by 39.5% during the third quarter. Gladstone Institutional Advisory LLC now owns 51,884 shares of the medical equipment provider’s stock valued at $5,065,000 after purchasing an additional 14,700 shares during the last quarter. Finally, Kepler Cheuvreux Suisse SA purchased a new stake in shares of Boston Scientific during the third quarter valued at $26,955,000. 89.07% of the stock is currently owned by institutional investors and hedge funds.

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About Boston Scientific

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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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