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Epam Systems price target raised to $290 from $260 at Guggenheim

Guggenheim raised the firm’s price target on Epam Systems (EPAM) to $290 from $260 and keeps a Buy rating on the shares ahead of the company’s scheduled Q4 earnings report due on Thursday, February 20. Epam’s growth rates are “optically higher” with the inclusion of the First Derivative acquisition that closed in December, notes the analyst, who says the firm is also expecting better organic growth rates in 2025.

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