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News For EPAM;EPAM From the Last 2 Days
EPAM
Apr 26, 2024 | 05:09 EDT
Barclays analyst Ramsey El-Assal lowered the firm's price target on Epam Systems to $265 from $315 and keeps an Equal Weight rating on the shares. Peer results point to continued softness in discretionary spend, the analyst tells investors in a research note. While solid bookings support longer-term growth, pressure in small deals adds downside-risk to Q1 results, says the firm.