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Pompano Beach, FL -- (SBWIRE) -- 01/15/2013 -- Boston Scientific Corporation (NYSE:BSX) was raised by research analysts at Credit Suisse to an “outperform” ranking from a “neutral” score in a report rolled out on Tuesday. The company presently has an estimated price of $7.50 on the stock, higher from their prior estimated price of $6.00.
Boston Scientific last announced its earnings data on Thursday, October 18th. The firm announced ($0.52) earnings per share for the quarter, falling short of the Thomson Reuters consensus forecast of $0.11 by $0.63.
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The firm’s revenue for the quarter was lower 7.4% on a y-o-y basis. Generally, analysts forecast that Boston Scientific will announce $0.41 earnings per share for the existing fiscal year.
At the current trading session, Boston Scientific Corporation (NYSE:BSX) shares gained +3.01% to $6.51 while The Stock traded within the range of $6.36 – $6.57. In the past year, the stock has traded within a range of $4.79 – $6.57. The current session’s volume of 21.15 million shares is up from the average daily trading volume of 13.52 million shares.
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While If we look at the few other stocks within industry, St. Jude Medical, Inc., Medtronic, Inc. and Opko Health Inc. were remain in losers list. Let’s have a quick look on their Market performance.
St. Jude Medical, Inc. (NYSE:STJ) shares are down -1.11% to $38.42 while the stock is traded within the range of $38.10 – $38.86 in the current trading session. In the last 12 months the shares have traded between $30.25 and $44.80. The current session’s volume of 2.00 million shares is lower than their average daily trading volume of 3.79 million shares.
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Medtronic, Inc. (NYSE:MDT) shares in the current session moved down -0.45% reaching at $44.02. The stock traded in a range of $43.82 – $44.15. In the last year the stock has moved within a range of $35.67 – $44.79. The current session’s volume of 1.71 million shares is lower from their average daily trading volume of 4.21 million shares.
Will MDT Get Buyers Even After The Recent Rally? Find Out Here
Another rival company Opko Health Inc. (NYSE:OPK) trading down -0.35% to $5.69. Intraday trading recorded the stock price in a range of $5.51 to $5.78. In the previous 52 weeks the stock’s price ranged between $4.00 and $5.78. The current session’s volume of 1.55 million shares was lower from their average daily trading volume of 1.61 million shares.
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