StockNews.com began coverage on shares of EPAM Systems (NYSE:EPAM – Get Rating) in a report released on Thursday. The brokerage issued a hold rating on the information technology services provider’s stock.
A number of other research firms have also recently commented on EPAM. Needham & Company LLC upped their target price on EPAM Systems from $400.00 to $415.00 and gave the company a buy rating in a research note on Friday, February 17th. Morgan Stanley cut their target price on EPAM Systems from $410.00 to $400.00 and set an overweight rating on the stock in a research note on Friday, February 17th. Wolfe Research cut EPAM Systems from an outperform rating to a peer perform rating in a research note on Thursday, January 5th. JPMorgan Chase & Co. upped their target price on EPAM Systems from $365.00 to $405.00 in a research note on Thursday, December 15th. Finally, Cowen cut EPAM Systems from an outperform rating to a market perform rating and cut their target price for the company from $390.00 to $370.00 in a research note on Friday, February 17th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of $402.14.
EPAM Systems Trading Down 0.1 %
Shares of NYSE EPAM opened at $279.79 on Thursday. The business’s 50 day moving average is $330.44 and its two-hundred day moving average is $345.49. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.69 and a quick ratio of 3.69. EPAM Systems has a 1-year low of $260.11 and a 1-year high of $462.99. The stock has a market capitalization of $16.14 billion, a P/E ratio of 39.52, a PEG ratio of 1.87 and a beta of 1.57.
Institutional Trading of EPAM Systems
About EPAM Systems
EPAM Systems, Inc engages in the provision of software product development and digital platform engineering services. It operates through the following geographical segments: North America, Europe, and Russia. The company was founded by Leonid Lozner and Arkadiy Dobkin in 1993 and is headquartered in Newtown, PA.
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