Jefferies Sees a Bottom for IT Spending -- EPAM Systems Stock Could Get a Boost

By Yahoo! Finance | Jul 16, 2024 at 03:18 PM EST

Jefferies upgraded EPAM Systems to buy from hold, with a price target of $237. They anticipate a rebound in IT spending and highlighted the company's AI demand and attractive valuation. Despite a recent price increase, EPAM shares have dropped by 30% this year.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.