Boston Scientific (BSX) Surges Amid Penumbra Acquisition, Analysts Bullish on Future Growth
ByAinvest
Saturday, Jan 31, 2026 8:55 pm ET1min read
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Boston Scientific (BSX) has garnered bullish views from analysts after acquiring Penumbra. Richard Newitter from Truist Securities reiterated a Buy rating and a $120 price target, implying a 28% upside. The acquisition is expected to bolster the company's durability and support double-digit revenue and EPS growth prospects. Morgan Stanley also reiterated its positive view on the company, citing "clear catalysts" making the stock valuation highly attractive.
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