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Analysts Offer Insights on Technology Companies: Snowflake (SNOW) and Epam Systems (EPAM)

Analysts have been eager to weigh in on the Technology sector with new ratings on Snowflake (SNOWResearch Report) and Epam Systems (EPAMResearch Report).

Snowflake (SNOW)

Bank of America Securities analyst Bradley Sills reiterated a Hold rating on Snowflake today and set a price target of $200.00. The company’s shares closed last Tuesday at $160.95.

According to TipRanks.com, Sills is a 4-star analyst with an average return of 3.5% and a 48.4% success rate. Sills covers the Technology sector, focusing on stocks such as AvidXchange Holdings, Bill.com Holdings, and Salesforce.

Currently, the analyst consensus on Snowflake is a Moderate Buy with an average price target of $208.13, representing a 29.3% upside. In a report issued on May 13, Monness also maintained a Hold rating on the stock.

See today’s best-performing stocks on TipRanks >>

Epam Systems (EPAM)

In a report released today, Jason Kupferberg from Bank of America Securities maintained a Sell rating on Epam Systems, with a price target of $195.00. The company’s shares closed last Tuesday at $187.05, close to its 52-week low of $180.28.

According to TipRanks.com, Kupferberg is a 3-star analyst with an average return of 0.7% and a 55.5% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Thoughtworks Holding.

Epam Systems has an analyst consensus of Moderate Buy, with a price target consensus of $276.81.

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