Epam Systems price target raised to $243 from $240 at Piper Sandler

Piper Sandler raised the firm’s price target on Epam Systems to $243 from $240 and keeps a Neutral rating on the shares. The firm is incrementally more optimistic on Epam headed into earnings, as it believes that the challenging phase of its operational transition is largely done. Further, Piper believes that some of Epam’s large customers who transitioned to competitors have returned.