Sci-tech

SunTrust Banks Analysts Give Boston Scientific (BSX) a $33.00 Price Target

Boston Scientific Corporation (NYSE:BSX) EVP Timothy A. Pratt sold 10,000 shares of the business's stock in a transaction dated Friday, December 1st. The institutional investor held 195,815 shares of the capital goods company at the end of 2017Q2, valued at $11.46 million, down from 214,689 at the end of the previous reported quarter. Nike Inc (NYSE:NKE) was raised too. The stock increased 1.18% or $0.295 during the last trading session, reaching $25.235. State Of Wisconsin Inv Board holds 0.14% or 1.54M shares in its portfolio.

Boston Scientific Corporation (BSX) has risen 22.5% since then. It has outperformed by 2.42% the S&P500.

Chao Ku decreased its stake in Oracle Corporation (ORCL) by 76.72% based on its latest 2017Q2 regulatory filing with the SEC. BMO Capital Markets lifted their target price on shares of Boston Scientific from $30.00 to $32.00 and gave the stock an "outperform" rating in a research report on Friday, October 27th. The hedge fund run by Chao Ku held 4,400 shares of the prepackaged software company at the end of 2017Q2, valued at $221,000, down from 18,900 at the end of the previous reported quarter. (NYSE:URI). Brown Advisory Incorporated invested in 755,494 shares or 0.26% of the stock. The stock increased 0.90% or $0.43 during the last trading session, reaching $48.42. About 7.04 million shares traded or 2.03% up from the average. Boston Scientific Corporation (NYSE:BSX) has risen 19.12% since December 7, 2016 and is uptrending. It has underperformed by 2.62% the S&P500.

The company's quarterly EPS surprised Wall Street by as much as 1% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. Its up 0.14, from 0.89 in 2017Q1. It is without change, as 49 investors sold ORCL shares while 572 reduced holdings. only 140 funds opened positions while 449 raised stakes. Daiwa Secs Grp Inc has 65,797 shares for 0.01% of their portfolio. (NYSE:URI) or 9,511 shares. Wetherby Asset Management Inc. now owns 13,788 shares of the medical equipment provider's stock valued at $382,000 after acquiring an additional 523 shares during the period. Balyasny Asset Management Limited Liability holds 1.90 million shares or 0.22% of its portfolio. Da Davidson reported 0% stake. The company has a quick ratio of 0.50, a current ratio of 0.72 and a debt-to-equity ratio of 0.58.

Boston Scientific Corporation's insider ownership stands at 0.1 percent, while its insider transaction is -33.45 percent. 38,209 are owned by Manufacturers Life Comm The. Sterling Cap Mngmt invested in 0.08% or 306,649 shares. Barclays Public Limited invested in 5,938 shares or 0% of the stock.

Among 8 analysts covering Barnes Group (NYSE:B), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 82% are positive. Boston Scientific Corporation had 78 analyst reports since July 27, 2015 according to SRatingsIntel. On Thursday, October 26 the stock rating was maintained by Stifel Nicolaus with "Buy". The stock of United Rentals, Inc. The firm earned "Buy" rating on Friday, October 23 by Stifel Nicolaus. Citigroup initiated the shares of BSX in report on Thursday, November 12 with "Buy" rating. Deutsche Bank upgraded Barnes Group Inc. Wedbush maintained the stock with "Neutral" rating in Thursday, April 28 report. BTIG Research initiated Oracle Corporation (NYSE:ORCL) on Thursday, September 10 with "Buy" rating. The company was maintained on Monday, October 26 by Oppenheimer. Jefferies has "Hold" rating and $28.0 target. As per Friday, January 15, the company rating was upgraded by Longbow.

Analysts await AMETEK, Inc. Pictet Asset Ltd holds 1.28 million shares. ORCL's profit will be $2.59 billion for 19.52 P/E if the $0.62 EPS becomes a reality. They expect $0.62 EPS, up 12.73% or $0.07 from last year's $0.55 per share. It also upped Bank Montreal Que (NYSE:BMO) stake by 9,600 shares and now owns 408,370 shares.

Investors sentiment increased to 1.23 in 2017 Q2. Rainier Investment Mngmt Ltd Liability holds 45,660 shares. Boys Arnold And Com reported 47,552 shares or 0.31% of all its holdings. Boston Scientific Corp now has $34.66 billion valuation. Tarbox Family Office has invested 0% in Boston Scientific Corporation (NYSE:BSX). 151,025 were reported by Blume Management Inc. Comerica Securities Inc. lifted its holdings in shares of Boston Scientific by 0.9% during the second quarter. Oarsman Capital owns 0.49% invested in Oracle Corporation (NYSE:ORCL) for 21,225 shares. The stock of Boston Scientific Corporation (NYSE:BSX) earned "Buy" rating by Cowen & Co on Thursday, July 27. 162,801 are held by Covington Mgmt. Intersect Cap Limited Liability owns 12,142 shares. VLPNF's SI was 40,700 shares in December as released by FINRA.

More notable recent Boston Scientific Corporation (NYSE:BSX) news were published by: "Globenewswire.com which released: "Global Wearable Computing Market 2017-2022 with Medtronic, Garmin, Boston ..." on November 17, 2017, also Prnewswire.com with their article: "Boston Scientific Announces Update on LOTUS Edgeâ"¢ Aortic Valve System" published on November 29, 2017, Prnewswire.com published: "Boston Scientific To Participate In Piper Jaffray 29th Annual Healthcare ..." on November 13, 2017. Needham maintained the shares of BSX in report on Wednesday, June 28 with "Buy" rating. Therefore 74% are positive.

2015 according to SRatingsIntel.



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