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Stock impact report

All You Need to Know About Boston Scientific (BSX) Rating Upgrade to Buy [Yahoo! Finance]

Boston Scientific Corporation (BSX) 
Last boston scientific corporation earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.bostonscientific.com
Company Research Source: Yahoo! Finance
The upgrade 'basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.' This means that investors' appreciation of the improving business trend should push the stock higher. Was this helpful? Yes No What does the Zacks Rank #2 rating imply for Boston Scientific's stock performance? The upgrade positions Boston Scientific in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term. The Zacks Rank stock-rating system has an impressive track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. Was this helpful? Yes No How do earnings estimate revisions impact stock prices? Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements. An increase or decrease in earnings estimates in institutional investors' valuation models Show less Read more
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