Needham analyst Mayank Tandon raised his price target on Epam Systems to $235 and kept his Buy rating after its Analyst Day, saying the presentation added to his confidence that the company can benefit from "positive secular trends driving demand for digital engineering and transformation services." The analyst further expects Epam System's organic growth rate to be sustained at an "industry-leading" 20% given its focus to offer digital services across a variety of verticals that include FinTech, asset management, insurance, media, and life sciences.