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Boston Scientific's stock surged 18.8% as it beat earnings estimates and forecast strong Q2 growth.
Boston Scientific, a medical devices company, saw its stock rise 18.8% in the first quarter as institutional investor Union Bancaire Privee sold shares, while Redhawk Wealth Advisors increased its holdings.
The company reported EPS of $0.75, beating estimates, and now forecasts Q2 EPS of 0.710-0.730 and revenue of $4.8 billion-$4.9 billion.
It has a "strong buy" rating and a target price of $116.00.
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Las acciones de Boston Scientific subieron un 18,8%, superando las estimaciones de ganancias y pronosticando un fuerte crecimiento en el segundo trimestre.