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Boston Scientific gets a ratings upgrade

Boston Scientific is based in Natick. Above, its cardiovascular research center in Maple Grove, Minn. Boston Scientific is based in Natick. Above, its cardiovascular research center in Maple Grove, Minn. (Boston Scientific via Bloomberg News/File 2009)
September 28, 2011

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Shares of Boston Scientific Corp. advanced after the company, which is the second-biggest maker of heart devices, was boosted to “neutral’’ from “underweight’’ at JPMorgan Securities. On Monday, the Justice Department said Boston Scientific’s Guidant LLC unit will pay $9.25 million to settle a whistleblower’s claim the company overbilled the government and private hospitals for pacemakers and defibrillators.