Citigroup Maintains Neutral on EPAM Sys, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar maintains a Neutral rating on EPAM Sys (NYSE:EPAM) and raises the price target from $240 to $270.
August 04, 2023 | 3:16 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on EPAM Sys and raises the price target from $240 to $270.
The news is directly about EPAM Sys. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $240 to $270 suggests a positive long-term outlook. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100