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Epam Systems price target lowered to $220 from $243 at TD Cowen
TD Cowen analyst Bryan Bergin lowered the firm’s price target on Epam Systems (EPAM) to $220 from $243 and keeps a Buy rating on the shares. The firm said 2026 growth guidance was marred by a discrete client headwind, but its underlying fundamentals including AI-driven demand, pricing improvement, margin expansion and strong balance sheet optionality, support a constructive recovery outlook.
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