EPAM SYSTEMS (EPAM) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of EPAM SYSTEMS (EPAM) from UNDERPERFORM to NEUTRAL on July 10, 2013, with a target price of $28.60.

EPAM Systems, Inc. is an IT services provider engaged in providing software product development services, software engineering and custom development solutions. Its software product development services include product research, design and prototyping, product development, component design and integration. Its custom application development services comprise business and technical requirements analysis, solution architecture creation and validation, development, component design and integration. The Company also provides application testing services consisting of software application testing, testing for enterprise IT, and consulting services. It serves banking, financial services, business information, media, travel and hospitality, retail, energy, telecommunications, automotive, manufacturing, life sciences industries and the government. EPAM Systems, Inc. is headquartered in Newtown, Pennsylvania.

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