UPDATE: Jefferies Upgrades EPAM Systems (EPAM) to Buy; Early Stages of Multi-Year Demand Cycle
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
EPAM Systems (EPAM) PT Raised to $630 at Cowen
August 5, 2021 1:20 PM EDTCowen analyst Bryan C. Bergin raised the price target on EPAM Systems (NYSE: EPAM) to $630.00 (from $590.00) while maintaining an Outperform rating.
The analyst commented, "EPAM delivered meaningful upside in the face of elevated expectations as it pairs robust secular demand tailwinds with a... More
EPAM Systems (EPAM) PT Raised to $700 at Stifel
August 5, 2021 1:13 PM EDTStifel analyst David M. Grossman raised the price target on EPAM Systems (NYSE: EPAM) to $700.00 (from $546.00) while maintaining a Buy rating.
The analyst commented, "EPAM reported a significant beat and raise this morning reflecting multiple drivers -- strong demand for transformational services (known),... More
EPAM Systems (EPAM) PT Raised to $705 at Needham & Company
August 5, 2021 12:38 PM EDTNeedham & Company analyst Mayank Tandon raised the price target on EPAM Systems (NYSE: EPAM) to $705.00 (from $525.00) while maintaining a Buy rating.
The analyst commented, "EPAM delivered another strong beat and raise and provided an above consensus 3Q outlook while raising its FY21... More