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.
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IMPORTANCE 75
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