Can internal links cause Google to penalize me for key terms/phrases?

[absoauto]

For example, having a link on many pages (so dozens of links in total) using a product name, all pointing to that product page. Could Google see that as "spammy" and penalize that product page in the SERP's?

Note: My product page has been penalized for the search term "Product Name" and there are no external links pointing that page using the product name as a term. This is new with the latest Panda Updates.

[absoauto]

Thanks Irving. When you say stuffing the blog and knowledgebase tags. Do you mean stuffing on specific blog or knowledgebase article pages? Thanks!

[irvingw]

While it's possible to over-optimize anchor text on a site, I don't believe this is your issue. You need to make sure the site is buttoned up completely from a SEO perspective. One example I see is that there is keyword stuffing in the keywords tag, on your blog tags and on the knowledgebase tags. I would frankly drop the subdomains and port over the content to the main site :www.absoluteautomation.com/blog and drop all the keyword tags.

[absoauto]

Hi Oleg, yes it's - http://www.absoluteautomation.com/sensaphone-400-fgd0400/ - with the keyphrase being "Sensaphone 400"

[OlegKorneitchouk]

I know that if you stuffed the link with other keywords.. e.g. "product name, product variation, buy product online, cheap product name", then you can get an overoptimization penalty. I have not seen a case when linking with the same related, non-spammy text causes a penalty (theoretically, any page linked from a header navigation can be penalized then).

Maybe share the url so we can see?