HSBC lowered the firm’s price target on Epam Systems to $325 from $345 and keeps a Buy rating on the shares. The turnaround for the macro environment could take longer but digital IT service operators are better prepared now versus a year ago, the analyst tells investors in a research note. The firm says valuations look compelling considering the growth opportunity.
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Read More on EPAM:
- Epam Systems price target lowered to $300 from $350 at Scotiabank
- Epam Systems upgraded to Equal Weight from Underweight at Morgan Stanley
- Epam Systems price target lowered to $265 from $315 at Barclays
- Epam Systems price target lowered to $275 from $325 at Citi
- Epam Systems price target lowered to $345 from $350 at HSBC
