Citigroup Maintains Neutral on EPAM Sys, Raises Price Target to $312
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar has maintained a Neutral rating on EPAM Systems (NYSE:EPAM) and increased the price target from $250 to $312.
January 17, 2024 | 12:01 pm
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Citigroup has maintained a Neutral rating on EPAM Systems but raised the price target from $250 to $312, indicating a positive outlook on the stock's value.
The increase in price target by Citigroup suggests an improved valuation of EPAM Systems, which could lead to increased investor interest and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100