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Bullish Case: EPAM Systems, driven by AI opportunities and a strong client base, stands to gain from the recent acquisition in Latin America, indicating expansion and growth potential.


Bearish Case: Despite strong fundamentals, EPAM faces risks from high executive turnover and insider sell-offs, reflecting potential internal uncertainties and challenges.


Potential Outcomes:

1) 55% chance EPAM benefits from digital expansion, driving up shares.

2) 35% chance continued insider selling pressures stock prices.

3) 10% chance unexpected sector downturn impacts performance.


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April 20, 2024


EPAM Systems Forecast

EPAM        EPAM Systems
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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