Goldman Sachs Upgrades Boston Scientific (BSX) to Neutral

May 25, 2011 6:57 AM EDT
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Price: $49.80 -4.25%

Rating Summary:
    33 Buy, 9 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 12 | New: 20
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Goldman Sachs upgraded Boston Scientific (NYSE: BSX) from Sell to Neutral and raised their price target from $6.50 to $7.

The firm said they no longer see material downside to consensus estimates, and the stock is one of the worst performing S&P healthcare so far this year.

For more ratings news on Boston Scientific click here and for the rating history of Boston Scientific click here.

Shares of Boston Scientific closed at $6.67 yesterday.


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