Scotiabank Maintains Sector Outperform on EPAM Sys, Lowers Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Divya Goyal maintains a Sector Outperform rating on EPAM Systems (NYSE:EPAM) but lowers the price target from $350 to $300.

April 29, 2024 | 6:58 pm
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NEUTRAL IMPACT
Scotiabank maintains a Sector Outperform rating on EPAM Systems but lowers the price target from $350 to $300.
While the reduction in price target from $350 to $300 could suggest a tempered outlook or adjustment to market conditions, the maintenance of a Sector Outperform rating indicates a continued positive view on the company's prospects. This mixed signal might lead to a neutral short-term impact on EPAM's stock price as investors weigh the lowered price target against the analyst's ongoing confidence in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100