EPAM Systems had a significant occurrence of events in the recent past. An upgrade to
Overweight from Equal Weight prompted a stock price surge by 4.6%. The company’s reputation in Mexico flourished as it was recognized as an
inclusive workplace. The substantial investment of $46.57 Million by Franklin Resources Inc. was notable. The successful completion of strategic acquisition of
First Derivatives utilizing AI and data-driven solutions has been crucial for the company’s financial services. The accomplished Barclays upgrade was due to AI-driven growth and digital transformation demand. In the context of asset management, Geode Capital Management LLC securitized by selling 21,968 shares of EPAM.
EPAM Systems presented an optimistic future by raising the
full year outlook, following the robust earnings in the
3rd quarter of 2024. EPAM stands out due to its leadership in Gartner® Magic Quadrant™ for custom software development services and its recognition as a top company in Europe by LinkedIn. Remarkably the acquisition of
NEORIS and the pronounced stake increase by National Bank of Canada FI also enhanced the company’s growth.
Epam Systems EPAM News Analytics from Mon, 19 Feb 2024 07:22:07 GMT to Thu, 19 Dec 2024 18:56:03 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor -1