Goldman Sachs analyst James Schneider lowered the firm’s price target on Epam Systems (EPAM) to $235 from $250 but keeps a Buy rating on the shares. The negative stock reaction following the company’s Q4 results is overdone, as Epam continues to see an improving business outlook despite a client-specific headwind, and Goldman Sachs “would buy the stock today”, the analyst tells investors in a research note.
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