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Boston Scientific Corporation (BSX) [hlAlert]

Rating:
Hold BSX

Boston Scientific Corporation (BSX) rated Hold

Posted on: Friday,  Oct 19, 2007  9:25 AM ET by HSBC Securities

Boston Scientific (BSX) rated
Neutral with price target $15 by HSBC Securities.

Boston Scientific Corporation is a worldwide developer, manufacturer and marketer of minimally invasive medical devices. The company's products are used in a broad range of interventional medical specialties, including cardiology, electrophysiology, gastroenterology, neuro-endovascular therapy, pulmonary medicine, radiology, urology and vascular surgery.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/19/2007 9:25 AM Hold
None
14.42 15.00
as of 12/24/2008
1 Week down  -6.98 %
1 Month up  2.44 %
3 Months up  8.53 %
1 YTD down  -33.20 %

(*) Stock Price at the time of the recommendation.
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