Canaccord Genuity Reiterates a Buy on Boston Scientific Corporation (BSX)

​Boston Scientific Corporation (NYSE:BSX) is one of the Best Stocks to Buy for High Returns Heading into 2026. On October 23, William Plovanic from Canaccord Genuity reiterated a Buy rating on Boston Scientific Corporation (NYSE:BSX) with a price target of $132.

​The rating comes after the company, on October 22, released results for its fiscal third quarter 2025. The company topped EPS and revenue estimates by $0.04 and $90.87 million, respectively. The analyst noted that the EPS of $0.75 was also significantly higher than the firm’s estimation of $0.70. This was primarily driven by a substantial improvement in gross margins.

​Moreover, Boston Scientific Corporation (NYSE:BSX) also raised its full-year guidance and now projects 20% growth and an adjusted EPS in the range of $3.02 to $3.04. The firm believes some of the key drivers of the company’s growth are its Watchman and Farapulse products, continued investment in growth, and expected label expansions of existing products.

​Boston Scientific Corporation (NYSE:BSX) develops and markets medical devices for various interventional specialties. The company’s products address gastrointestinal, urological, neurological, and cardiovascular conditions using minimally invasive technologies.

While we acknowledge the potential of BSX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BSX and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.