Were Analysts Bullish EPAM Systems Inc (NYSE:EPAM) This Week?

November 14, 2017 - By Louis Casey

 Were Analysts Bullish EPAM Systems Inc (NYSE:EPAM) This Week?
Investors sentiment increased to 1.81 in 2017 Q2. Its up 0.51, from 1.3 in 2017Q1. It improved, as 14 investors sold EPAM Systems Inc shares while 55 reduced holdings. 49 funds opened positions while 76 raised stakes. 44.13 million shares or 1.34% less from 44.73 million shares in 2017Q1 were reported.
Century holds 6,697 shares or 0% of its portfolio. Sei Investments Comm reported 0.01% in EPAM Systems Inc (NYSE:EPAM). 12,865 are owned by Boston Advsrs. Citadel Advsrs Limited Com holds 81,250 shares. Grandeur Peak Glob Advsr Lc reported 362,125 shares. Cubist Systematic Strategies Limited Com has invested 0.03% in EPAM Systems Inc (NYSE:EPAM). 4,000 were accumulated by Cap Fund. Renaissance Limited Liability holds 0.01% of its portfolio in EPAM Systems Inc (NYSE:EPAM) for 3,819 shares. Driehaus Capital Management Ltd Liability Corp accumulated 0.52% or 168,446 shares. Northern Tru has invested 0.02% in EPAM Systems Inc (NYSE:EPAM). Gilder Gagnon Howe And Com Limited Com holds 0.77% or 616,625 shares. California Pub Employees Retirement System, a California-based fund reported 97,100 shares. Denver Investment Advisors Llc accumulated 0.06% or 16,330 shares. D E Shaw And holds 0% in EPAM Systems Inc (NYSE:EPAM) or 4,559 shares. Los Angeles Mngmt Equity Rech invested in 6,624 shares or 0% of the stock.

Since June 1, 2017, it had 0 insider purchases, and 2 sales for $5.13 million activity. Shares for $2.23 million were sold by Mosier Ginger on Thursday, June 1.

EPAM Systems Inc (NYSE:EPAM) Ratings Coverage

Among 16 analysts covering EPAM Systems (NYSE:EPAM), 16 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. EPAM Systems had 38 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of EPAM Systems Inc (NYSE:EPAM) has “Buy” rating given on Friday, October 13 by Citigroup. The firm has “Hold” rating by Monness Crespi & Hardt given on Monday, March 7. The stock of EPAM Systems Inc (NYSE:EPAM) has “Buy” rating given on Sunday, October 29 by KeyBanc Capital Markets. The firm earned “Buy” rating on Thursday, October 12 by Cowen & Co. Barclays Capital maintained EPAM Systems Inc (NYSE:EPAM) rating on Tuesday, November 8. Barclays Capital has “Equal Weight” rating and $70 target. Wedbush initiated it with “Outperform” rating and $82 target in Friday, September 9 report. The firm earned “Buy” rating on Thursday, March 9 by Monness Crespi. The company was upgraded on Friday, May 6 by Barclays Capital. The firm earned “Buy” rating on Thursday, November 19 by Needham. The stock of EPAM Systems Inc (NYSE:EPAM) earned “Buy” rating by Monness Crespi on Wednesday, May 10. Below is a list of EPAM Systems Inc (NYSE:EPAM) latest ratings and price target changes.

06/11/2017 Broker: Bank of America Rating: Buy Old Target: $95 New Target: $110 Maintain
03/11/2017 Broker: Citigroup Rating: Buy Old Target: $105 New Target: $110 Maintain
02/11/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $105.0 Maintain
03/11/2017 Broker: Needham Rating: Buy New Target: $110.0 Maintain
03/11/2017 Broker: UBS Rating: Buy New Target: $105.0 Maintain
02/11/2017 Broker: Cantor Fitzgerald Rating: Buy New Target: $92.0
29/10/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $100.0 Maintain
13/10/2017 Broker: Citigroup Rating: Buy Old Target: $96 New Target: $105 Maintain
12/10/2017 Broker: Cowen & Co Rating: Buy New Target: $95.0 Maintain
12/09/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $94.0 Maintain

About 85,901 shares traded. EPAM Systems Inc (NYSE:EPAM) has risen 15.98% since November 14, 2016 and is uptrending. It has underperformed by 0.72% the S&P500.

EPAM Systems, Inc. is a g provider of software product development and digital platform engineering services to clients located primarily in North America, Europe, Asia and Australia. The company has market cap of $5.39 billion. The Company’s service offerings cover the full software product development lifecycle from digital strategy and customer experience design to enterprise application platforms implementation and program management services and from complex software development services to maintenance, support, custom application development, application testing, and infrastructure management. It has a 43.53 P/E ratio. The Company’s service offerings include Software Product Development Services, Custom Application Development Services, Application Testing Services, Enterprise Application Platforms, Application Maintenance and Support, and Infrastructure Management Services.

More news for EPAM Systems Inc (NYSE:EPAM) were recently published by: Globenewswire.com, which released: “EPAM Expands Five-Year Product Development Relationship With Kronos®, Joins …” on November 14, 2017. Nasdaq.com‘s article titled: “Epam Systems Inc (EPAM) CEO, President, Chairman Arkadiy Dobkin Sold $7.4 …” and published on November 07, 2017 is yet another important article.

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