Morgan Stanley Maintains Underweight on EPAM Sys, Lowers Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Underweight rating on EPAM Systems (NYSE:EPAM) and reduced the price target from $250 to $236.
March 22, 2024 | 4:25 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Underweight rating on EPAM Systems and lowered the price target from $250 to $236.
The reduction in price target by a reputable analyst firm like Morgan Stanley could lead to negative sentiment among investors, potentially causing a short-term decrease in EPAM's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100