HSBC Initiates Coverage On EPAM Sys with Hold Rating, Announces Price Target of $255
Portfolio Pulse from richadhand@benzinga.com
HSBC analyst Phani Kanumuri has initiated coverage on EPAM Systems (NYSE:EPAM) with a Hold rating and a price target of $255.
July 17, 2023 | 9:17 am
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HSBC has initiated coverage on EPAM Systems with a Hold rating and a price target of $255. This could influence investor sentiment.
The initiation of coverage by HSBC with a Hold rating indicates a neutral outlook for EPAM Systems. The price target of $255 could be seen as a benchmark by investors, potentially influencing their decisions. However, as this is a neutral rating, the immediate impact on the stock price may not be significant.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100