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Published on 8/23/2005 in the Prospect News Biotech Daily.

Boston Scientific kept by JMP at market underperform

Boston Scientific Corp. was retained by JMP Securities analyst Robert Faulkner at a market underperform rating with a price target on the stock of $27 per share following news the FDA posted a warning letter regarding the company's manufacturing facility in Quincy, Mass. Boston Scientific shares Tuesday were down $1.23, or 4.53%, at $25.92 on volume of 15,796,900 shares versus the three-month running average of 4,225,830 shares.


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