Why Boston Scientific (BSX) Stock Is Up Today

NEW YORK (TheStreet) -- Bank of America/Merrill Lynch  (BAC) upgraded Boston Scientific  (BSX) to "buy" from "neutral" and set a $16 price target. The firm notes the stock has come off its highs, but the company has an attractive pipeline.

The stock was up 3.66% to $13.15 at 11:06 a.m. on Monday.

Must Read: Warren Buffett's 10 Favorite Growth Stocks

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

BSX Chart

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STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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