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Fly News Breaks for May 10, 2018
EPAM
May 10, 2018 | 07:32 EDT
Cantor Fitzgerald analyst Joseph Foresi raised his price target for Epam Systems to $139 following the company's Q1 results. The company maintained strong growth of well over 20% as Digital continues to drive demand, Foresi tells investors in a post-earnings research note. He keeps an Overweight rating on the shares.
News For 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.