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Epam Systems EPAM - News Analyzed: 3,874 - Today: 99 - Last Week: 99 - Last Month: 495

⇑ EPAM Systems EPAM: Stock Surges Following Weight Upgrade & Strategic Acquisition

EPAM Systems EPAM: Stock Surges Following Weight Upgrade & Strategic Acquisition
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

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