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Stifel cuts Boston Scientific stock price target on EP data review
Stifel has lowered its price target for Boston Scientific Corp. (NYSE:BSX) to $85 from $90, while maintaining a Buy rating, ahead of the company’s Q1 2026 earnings report. This adjustment is based on a review of monthly electrophysiology hospital-purchasing data, which suggests that Boston Scientific’s Q1 2026 US EP consensus revenues of approximately $587 million are achievable. This news comes amidst mixed analyst reactions to the company’s recent CHAMPION-AF trial results for its Watchman heart implant, which met primary endpoints but showed a slightly higher ischemic stroke rate, causing some investor concern despite reaffirmations of Buy ratings from other firms.