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Boston Scientific named 2024 Top Pick in MedTech at RBC Capital
The Fly

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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