EPAM Systems, Inc. (NYSE:EPAM) is in the news for various reasons. Various organizations, like BNP Paribas Asset Management, Russell Investments Group Ltd, and Blair William & Co, have increased their stocks, whereas, Entropy Technologies LP and Swiss National Bank have trimmed their holdings. Jefferies Financial Group upgraded EPAM to 'Buy' given its prospects in AI. The company is also making significant strategic investments in India and has achieved Platinum Partner Status with commercetools. Artificial Intelligence appears to play a pivotal role in future growth strategies. Despite the short term volatility in the stock market, the long-term view remains positive. EPAM also has a significant part in the digital transformation sector, as evidenced by some setbacks experienced by its competitors due to outdated IT structures. Achieving Global recognition as a leader in several IDC MarketScape reports and being named as a 'Best Place to Work' certainly adds to the company's appeal. However, some financial reports indicate a slide and EPAM has had to adjust its full-year guidance. Still, this is balanced by its involvement in innovative areas like advanced analytics, data methods, and AI sectors.
Epam Systems EPAM News Analytics from Thu, 28 Sep 2023 07:00:00 GMT to Sun, 21 Jul 2024 14:24:06 GMT -
Rating 6
- Innovation 8
- Information 6
- Rumor -2
