Epam Systems price target raised to $325 from $312 at Citi

Citi raised the firm’s price target on Epam Systems to $325 from $312 and keeps a Neutral rating on the shares. The angsty says investors were “quite excited” by Epam’s above-consensus Q4 and flat to slightly up Q1 revenue outlook. The firm believes in an eventual recovery but says it will likely take longer and be a more volatile recovery than many investors expect.