Epam Systems price target lowered to $285 from $290 at Guggenheim

Guggenheim analyst Jonathan Lee lowered the firm’s price target on Epam Systems (EPAM) to $285 from $290 and keeps a Buy rating on the shares. An inflection to positive organic revenue growth in the quarter demonstrates the progress that Epam is making, though the firm’s calendar year 2025 adjusted EPS forecast moves lower on a softer than expected adjusted operating margin, the analyst tells investors in a post-earnings note.