Devices & Diagnostics

Medical device maker Boston Scientific shares rise after rating boost

Boston Scientific Corp.’s stock jumps as much as 6 percent after RBC Capital Markets boosts its rating of the medical device maker’s stock.

Boston Scientific Corp.’s stock jumps as much as 6 percent after RBC Capital Markets boosts its rating of the medical device maker’s stock.

Boston Scientific (NYSE:BSX) is getting a big boost this morning, climbing as much as 6 percent in early trading after RBC Capital Markets reportedly raised its rating for the medical device maker’s stock.

BSX shares touched $7.62 apiece early today, before backing down to its current range of about $7.50 per share. The stock last traded this high just one week ago, before sliding nearly 7 percent between Tuesday and Thursday’s close.

The Massachusetts Medical Devices Journal is the online journal of the medical devices industry in the Commonwealth and New England, providing day-to-day coverage of the devices that save lives, the people behind them, and the burgeoning trends and developments within the industry.