Needham Reiterates Buy on EPAM Sys, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon reiterated a Buy rating on EPAM Systems (NYSE:EPAM) but lowered the price target from $325 to $275.
June 05, 2023 | 3:30 pm
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Needham analyst Mayank Tandon reiterated a Buy rating on EPAM Systems but lowered the price target from $325 to $275.
The news of Needham reiterating a Buy rating on EPAM Systems is positive for the company, indicating that the analyst still believes in the stock's potential. However, the lowering of the price target from $325 to $275 may create some uncertainty among investors, potentially leading to short-term neutral impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100