Boston Scientific (BSX) Faces Rising Costs, Competition
BSXBoston Scientific(BSX) Zacks Investment Research·2024-04-10 22:31

Boston Scientific Corporation (BSX) has been struggling due to unfavorable currency movement and macroeconomic woes. Strong competitors in the large medical device market also pose a tough challenge for Boston Scientific. The stock carries a Zacks Rank #4 (Sell) currently.The industry-wide trend of challenging macroeconomic conditions in the form of inflation, disruptions in economic activity, global supply chains and labor markets, volatile financial market dynamics and significant volatility in price and ...