Susquehanna lowered the firm’s price target on Epam Systems (EPAM) to $210 from $270 and keeps a Positive rating on the shares. The firm lowered its target and estimates as they think Q1 began ok but as visibility has faded, they now expect softening of quarter-over-quarter into Q2 and likely beyond.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EPAM:
- Reddit initiated, Target downgraded: Wall Street’s top analyst calls
- Epam Systems downgraded to Neutral from Overweight at Piper Sandler
- Epam Systems price target lowered to $270 from $290 at Barclays
- Positive Outlook for Epam Systems: Strategic Growth Prioritization and Client Sentiment Boost Buy Rating