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Fly News Breaks for November 29, 2017
EPAM
Nov 29, 2017 | 05:32 EDT
UBS analyst Steven Milunovich downgraded Epam Systems to Neutral saying expectations for consistently better than 20% growth for the next three years are priced in at current share levels. The analyst views the company's fundamentals as "strong" but points out the stock has almost quintupled in the last five years. He upped his price target for Epam to $110 from $105.
News For EPAM From the Last 2 Days
EPAM
Apr 26, 2024 | 05:18 EDT
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.
