C.L. King analyst Kristen Stewart maintains $Boston Scientific (BSX.US)$ with a buy rating, and adjusts the target price from $64 to $90.
According to TipRanks data, the analyst has a success rate of 60.6% and a total average return of 3.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Boston Scientific (BSX.US)$'s main analysts recently are as follows:
Boston Scientific has reported a quarter that exceeded expectations on all fronts, despite high expectations. Nonetheless, the company's shares are experiencing pressure due to the announced pause in the AVANT GUARD clinical trial, which is investigating Farapulse in a new patient segment. It is noted that this particular segment is not currently receiving treatment, there are observations under assessment, and the expectation is for enrollment to recommence shortly.
Boston Scientific's Q3 outcomes were deemed impressive, with management raising its 2024 guidance to reflect a departure from the year at +15% organic sales growth. Despite a temporary halt in an EP trial, AVANTGUARD, which led to a decrease in stock value, assessments with key opinion leaders suggest that the reaction may have been exaggerated.
Following Boston Scientific's Q3 report, it was noted that the AVANT Guard trial setback is not associated with a mortality event nor initiated by the FDA, and that momentum for Farapulse globally is expected to be sustainable over the medium term. The recent decline in Boston Scientific's share price is seen as a 'compelling' opportunity for entry.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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CL King分析師Kristen Stewart維持$波士頓科學 (BSX.US)$買入評級,並將目標價從64美元上調至90美元。
根據TipRanks數據顯示,該分析師近一年總勝率為60.6%,總平均回報率為3.5%。
此外,綜合報道,$波士頓科學 (BSX.US)$近期主要分析師觀點如下:
波士頓科學報告顯示,儘管市場對其期望值較高,但季度業績在各個方面均超出預期。然而,由於宣佈暫停AVANt GUARD臨床試驗,該試驗正在研究Farapulse在一個新的患者群體中的應用,公司股價受到壓力。值得注意的是,該特定群體當前並未接受治療,有待評估的觀察結果,預計不久後將恢復招募。
波士頓科學的第三季度業績被認爲令人印象深刻,管理層上調2024年指引,以+15%有機銷售增長結束本年。儘管在EP試驗AVANTGUARD暫時停頓,導致股價下跌,與關鍵意見領袖的評估表明,市場反應可能被誇大。
根據波士頓科學第三季度報告,AVANt Guard試驗受挫並非由FDA引發的死亡事件,並且Farapulse在全球的發展勢頭預計將在中期內保持可持續性。波士頓科學股價最近的下跌被視爲進入市場的「引人注目」的機會。
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