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Boston Scientific named 2024 Top Pick in MedTech at RBC Capital

RBC Capital analyst Shagun Singh names Boston Scientific the firm’s top large-cap pick as part of a broader research note on MedTech previewing 2024. The firm also keeps its Outperform rating and $67 price target on the shares. The company should deliver at least high-single-digit revenue growth in 2024 and likely exceed those levels aided by PFA approval now in Q1, the analyst tells investors in a research note. The firm also notes that the company’s EP and Watchman franchises should remain strong growth drivers this year.

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