Barclays analyst Ramsey El Assal maintained a Hold rating on Epam Systems (EPAM – Research Report) today and set a price target of $315.00. The company’s shares closed last Friday at $311.98.
El Assal covers the Technology sector, focusing on stocks such as Cognizant, FLEETCOR Technologies, and Affirm Holdings. According to TipRanks, El Assal has an average return of 2.4% and a 53.94% success rate on recommended stocks.
In addition to Barclays, Epam Systems also received a Hold from KeyBanc’s Thomas Blakey in a report issued on February 16. However, on the same day, Susquehanna maintained a Buy rating on Epam Systems (NYSE: EPAM).
See Insiders’ Hot Stocks on TipRanks >>
EPAM market cap is currently $18B and has a P/E ratio of 44.18.
Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EPAM in relation to earlier this year. Most recently, in December 2023, Elaina Shekhter, the SVP & CMO of EPAM sold 8,176.00 shares for a total of $2,106,689.92.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Epam Systems (EPAM) Company Description:
EPAM Systems, Inc. engages in the provision of software product development and digital platform engineering services. The firm’s services include product research, customer experience design, and prototyping. It operates through the following segments: North America, Europe, and Russia. The company was founded by Leonid Lozner and Arkadiy Dobkin in 1993 and is headquartered in Newtown, PA.
Read More on EPAM:
- UPS upgraded, Nike downgraded: Wall Street’s top analyst calls
- Epam Systems price target raised to $301 from $284 at TD Cowen
- Epam Systems price target raised to $360 from $300 at Susquehanna
- Epam Systems price target raised to $345 from $340 at Mizuho
- Epam Systems upgraded to Outperform at Scotiabank after ‘strong’ Q4
