Reported 3 days ago
Mizuho increased its price target for EPAM Systems, Inc. from $224 to $225 following the company's impressive second-quarter results and an upgraded revenue forecast. The firm maintained its Outperform rating, attributing EPAM's growth to heightened client interest driven by generative AI and its resilience against challenges faced by competitors in troubled markets. Mizuho also raised its revenue and EPS projections for 2025 and 2026, indicating confidence in EPAM's medium-term growth prospects.
Source: YAHOO