BUZZ-Susquehanna raises EPAM Systems' PT on strong engineering market

Reuters

2025/12/12

** Susquehanna raises IT consultancy firm EPAM Systems' EPAM.N PT to $245 from $210

** New PT represents an upside of 16.1% to stock's last close

** "While AI is taking time to reach the infrastructure layer of IT Services, Engineering Services - for which EPAM has high mind share - seems to be catching a bid" - brokerage

** Average rating of 19 analysts is "buy," their median PT is $215 - data compiled by LSEG

** Up to last close, stock has fallen 9.7% this year

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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