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Fly News Breaks for February 11, 2019
EPAM
Feb 11, 2019 | 07:39 EDT
SunTrust analyst Frank Atkins raised his price target on Epam Systems to $165 and kept his Buy rating, boosting his revenue growth rate assumptions given the "encouraging trends in both high-skilled digital work as well as solid demand from clients in the technology/media space". The analyst adds that among the companies which reported earnings this season, digital work is "solid" on both pricing and volume, and given Epam's exposure in the area, he anticipates "continued positive top line trends".
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