Epam Systems Stock News

The market rebounded from losses earlier in the week.

Gainers: EPAM Systems EPAM +15%. BTRS (BTRS) +15% Losers: Array Technologies ARRY -22%. Meta Materials MMAT -21%.

The market rebounded from losses earlier in the week.

Shares of EPAM Systems Inc. bounced 8.5% in afternoon trading Tuesday, after Stifel Nicolaus analyst David Grossman said he was still bullish on the provider of digital transformation services company, as the record selloff in the wake of Russia''s invasion of Ukraine may have created a buying opportunity. The stock had plunged 45.7% on Monday, and has now plummeted 46.1% in the four days since the full invasion started last Thursday (418.23), while the S&P 500 has gained 2.0% over the past four sessions. "While we acknowledge ongoing uncertainty/risk, EPAM is a bellwether at the high-end of the technology stack, the heart of digital transformation, and we have high confidence they can pivot and resume industry leading growth once things stabilize," Grossman wrote in a note to clients. He reiterated the buy rating he''s had on the stock for at least the past three years. He slashed his stock price target to $385 from $630, but his new target still implies 70.8% upside from current levels.

Large caps like Renault and Citigroup have suffered double-digit declines in part due to Russia's invasion of Ukraine. The conflict has had a more severe impact on some smaller stocks.

EPAM Sys (NYSE:EPAM) has observed the following analyst ratings within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 1 0 0 Last 30D 1 0 0

Shares of EPAM Systems Inc. EPAM, +8.58% bounced 8.5% in afternoon trading Tuesday, after Stifel Nicolaus analyst David Grossman said he was still bullish on the provider of digital transformation ser

Shares of EPAM Systems Inc. suffered a record selloff in very volatile trading Monday, after the provider of digital transformation services pulled its financial guidance given "heightened uncertainti

Stocks that traded heavily or had substantial price changes Monday: BP, EPAM Systems fall; Tupperware, First Horizon rise

The software outfit relies heavily on workers located in the areas most impacted by recent military conflict.

The software outfit relies heavily on workers located in the areas most impacted by recent military conflict.

Gainers: Everbridge EVBG +26%. JinkoSolar JKS +13% Losers: EPAM Systems EPAM -45%. IronNet IRNT -26%

U.S. stocks traded lower in another volatile session toward the end of trading on Monday, amid the ongoing Russia-Ukraine conflict, which has led to increased U.S. sanctions on Russia. The Dow traded