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Epam Systems (EPAM) Gets a Buy from Wells Fargo

Tipranks - Tipranks - Fri Jun 19, 7:42AM CDT

In a report released on June 15, Jason Kupferberg from Wells Fargo maintained a Buy rating on Epam Systems, with a price target of $151.00. The company’s shares closed yesterday at $92.72.

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According to TipRanks, Kupferberg is an analyst with an average return of -8.8% and a 42.30% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Automatic Data Processing, Globant SA, and Block.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Epam Systems with a $138.85 average price target.

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Based on Epam Systems’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.4 billion and a net profit of $82.52 million. In comparison, last year the company earned a revenue of $1.3 billion and had a net profit of $73.48 million

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