But even though BSX stock was trading near at its 52-week high last week, it’s down ~0.96% over the past week. Over the past month, it has risen ~5.3%. Year-to-date, it has reported stellar gains of ~53%.
The one-year stock price return for BSX stands at ~29.8%. As of October 4, its 50-day moving average is $36.48, and its 200-day moving average is $32.31.
Major events that triggered Boston Scientific’s recent stock performance
On October 2, Morgan Stanley raised its target price for BSX stock. That day, BSX stock was trading at its 52-week high. On September 28, Jefferies raised its target price for BSX stock, and the stock closed up ~0.42% compared to the previous day. On September 24, BSX stock touched its 14-year high at the time, triggered by news of the approval of its Eluvia stent in the United States.
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