Why Goldman Suddenly Turned Neutral on EPAM Systems, Inc. (EPAM) – Updated In recent months, several high profile tech stocks have taken a hit due to shifting market dynamics and revised growth projections.
The latest casualty is EPAM Systems, Inc. , which has seen its price target slashed by Goldman Sachs from $215 to $110.
This move reflects the analyst's diminished expectations for the company and raises questions about the broader implications of such downgrades on investor sentiment.