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Boston Scientific reports strong earnings, with Motco reducing its stock holdings despite a "Buy" rating.
Investment firm Motco has significantly reduced its holdings of Boston Scientific Corporation's stock by selling 158 shares, down to 322 shares.
Meanwhile, other firms like BI Asset Management and AE Wealth Management have adjusted their holdings, with BI increasing its stake and AE decreasing.
Boston Scientific reported strong earnings in its latest quarter, with a 22.8% increase in revenue to $5.06 billion and EPS of $0.75, exceeding analyst expectations.
The company's stock has a market cap of $156.92 billion and is rated "Buy" with a target price of $117.50.
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Boston Scientific reporta ganancias fuertes, con Motco reduciendo sus tenencias de acciones a pesar de una calificación de "Comprar".