Boston Scientific Shares Fall After Citigroup Downgrade

MT newswire2026/09/17 18:32

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02:32 PM EDT, 09/17/2026 (MT Newswires) -- Boston Scientific (BSX) shares were down over 1% in Thursday trading after Citigroup downgraded the stock to neutral from buy, and cut its price target to $50 from $57. Trading volume stood at more than 16.1 million shares, compared with a daily average of about 20.4 million. Price: 43.35, Change: -0.56, Percent Change: -1.29

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A survey released by the New York Fed on Friday shows that in October, sales prices for service sector firms increased at the fastest pace since 2022, with input costs remaining robust and supply conditions continuing to deteriorate. Businesses’ pessimism about the commercial outlook has significantly intensified, with the overall business activity index falling by 12 points from the previous month to minus 20.7, marking the weakest reading since March.

华尔街见闻•2026/10/16 22:46