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Epam Systems price target raised to $228 from $225 at Mizuho

Mizuho analyst Sean Kennedy raised the firm’s price target on Epam Systems (EPAM) to $228 from $225 and keeps an Outperform rating on the shares. The company reported strong Q3 results as artificial intelligence continues to drive up its growth, the analyst tells investors in a research note. The firm believes Epam is seeing an improved demand environment with a “healthy” pipeline.

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