Epam Systems price target lowered to $410 from $462 at Susquehanna

Susquehanna lowered the firm’s price target on Epam Systems to $410 from $462 and keeps a Positive rating on the shares. The analyst said they continue to demonstrate that its unique engineering culture wins in the best and worst of times, but it is not immune to macro conditions and experienced softer demand than expected with two major customers.