Epam Systems price target raised to $282 from $245 at Mizuho

Mizuho raised the firm’s price target on Epam Systems (EPAM) to $282 from $245 and keeps an Outperform rating on the shares post the Q3 report. Following two consecutive quarters of organic constant currency cuts, the company increased its 2024 organic revenue growth guidance, the analyst tells investors in a research note. The firm cites the more favorable demand environment and the closing of the Neoris acquisition for the target increase.