Piper Sandler Downgrades EPAM Sys to Neutral, Lowers Price Target to $215
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Arvind Ramnani downgraded EPAM Systems (NYSE:EPAM) from Overweight to Neutral and lowered the price target from $289 to $215.
June 06, 2023 | 8:11 am
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EPAM Systems downgraded to Neutral by Piper Sandler, with a lowered price target of $215.
The downgrade from Overweight to Neutral and the lowering of the price target from $289 to $215 by Piper Sandler analyst Arvind Ramnani may negatively impact EPAM's stock price in the short term, as it indicates a less optimistic outlook for the company.
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