Wolfe Research Upgrades EPAM Sys to Outperform
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Darrin Peller has upgraded EPAM Systems (NYSE:EPAM) from Peer Perform to Outperform, indicating a positive outlook on the company's stock.
January 04, 2024 | 12:04 pm
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POSITIVE IMPACT
EPAM Systems has been upgraded by Wolfe Research from Peer Perform to Outperform, suggesting increased confidence in the company's future performance.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest a better-than-expected future performance. The upgrade from Peer Perform to Outperform by a reputable analyst like Darrin Peller can increase investor confidence and potentially lead to a rise in EPAM's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100