EPAM Systems (EPAM) Announces $500M Share Buyback, Reports Q4
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February 17, 2023 5:38 AM EST
Cowen analyst Bryan Bergin downgraded EPAM Systems (NYSE: EPAM) from Outperform to Market Perform with a price target of $370.00 (from $390.00).
The analyst comments "We downgrade shares to Market Perform & reduce PT to $370 (26x CY24E P/E). EPAM's execution remains top tier, but... More
February 16, 2023 1:00 PM EST
Needham & Company analyst Mayank Tandon raised the price target on EPAM Systems (NYSE: EPAM) to $415.00 (from $400.00) while maintaining a Buy rating.
The analyst commented, "EPAM capped off a choppy FY22 on a solid note, generating 14.4% Y/Y constant currency... More
February 16, 2023 6:03 AM EST
EPAM Systems (NYSE: EPAM) reported Q4 EPS of $2.93, $0.25 better than the analyst estimate of $2.68. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.23 billion.
GUIDANCE:
EPAM Systems sees FY2023 EPS of $11.15-$11.35, versus the consensus of $12.32.... More
