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Boston Scientific price target raised to $58 from $52 at Stifel

Stifel analyst Rick Wise raised the firm’s price target on Boston Scientific to $58 from $52 and keeps a Buy rating on the shares. Boston Scientific Q1 results outperformed across the board, the analyst tells investors. Stifel sees multiple catalysts in 2024+ and argues for long-term 6%-8% growth upside potential. Similar to CEO Mike Mahoney, the firm is "very excited about the future of the company."

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