EPAM Reports Strong Results for Second Quarter 2021 and Raises Full Year Outlook

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EPAM Systems (EPAM) PT Raised to $630 at Cowen

August 5, 2021 1:20 PM EDT

Cowen 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 EDT

Stifel 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 EDT

Needham & 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

EPAM Systems (EPAM) Tops Q2 EPS by 12c

August 5, 2021 6:22 AM EDT

EPAM Systems (NYSE: EPAM) reported Q2 EPS of $2.05, $0.12 better than the analyst estimate of $1.93. Revenue for the quarter came in at $881.4 million versus the consensus estimate of $860.36 million.

GUIDANCE:

EPAM Systems sees FY2021 EPS of $8.25-$8.44, versus the consensus of... More