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Zacks Investment Research downgraded EPAM Systems Inc (NYSE:EPAM) to Hold in a report released today.

Yesterday EPAM Systems Inc (NYSE:EPAM) traded 0.05% higher at $64.57. The company’s 50-day moving average is $67.99 and its 200-day moving average is $70.33. The last stock close price is down -8.14% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 186,480 shares of the stock were exchanged, down from an average trading volume of 351,035

Zacks Investment Research has downgraded EPAM Systems Inc (NYSE:EPAM) to Hold in a report released on Wednesday October 12, 2016.

Previously on 10/11/2016, Zacks Investment Research reported about EPAM Systems Inc (NYSE:EPAM) raised the target price from $0.00 to $72.00. At the time, this indicated a possible upside of 0.12%.

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EPAM Systems Inc (NYSE:EPAM)

EPAM Systems Inc has a 52 week low of $54.88 and a 52 week high of $84.41 with a P/E ratio of 34.42 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 15 brokers have issued a report on the stock. The consensus target price is $82.15 with 5 brokers rating the stock a strong buy, nine equity analysts rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly 0 brokerages rating the stock a sell.

Brief Synopsis On EPAM Systems Inc (NYSE:EPAM)

EPAM Systems, Inc. (EPAM) is a provider of software engineering solutions and information technology services. The Company's service offerings include Software Product Development Services, Custom Application Development Services, Application Testing Services, Enterprise Application Platforms, Application Maintenance and Support, and Infrastructure Management Services. The Company offers its solutions and services to industries, such as software and technology, financial services, media and entertainment, travel and hospitality, retail, energy, life sciences, healthcare, telecommunications and government. It provides Software Product Development Services to independent software vendors, and technology companies. It offers Custom Application Development Services to businesses with application development needs. The Company offers Application Testing Services across various technology platforms and industry verticals.

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