Yext’s (YEXT) Buy Rating Reiterated at Roth Mkm

Roth Mkm reiterated their buy rating on shares of Yext (NYSE:YEXTFree Report) in a research report released on Tuesday, Benzinga reports. Roth Mkm currently has a $8.00 price target on the stock.

A number of other equities research analysts also recently weighed in on the company. B. Riley lowered their price target on Yext from $9.00 to $8.00 and set a neutral rating on the stock in a research report on Thursday, March 7th. Needham & Company LLC restated a hold rating on shares of Yext in a research report on Monday. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of Hold and an average target price of $8.50.

Get Our Latest Analysis on YEXT

Yext Stock Down 0.8 %

NYSE YEXT opened at $5.15 on Tuesday. The stock’s 50-day simple moving average is $5.42 and its two-hundred day simple moving average is $5.76. Yext has a twelve month low of $4.29 and a twelve month high of $13.96. The company has a market capitalization of $643.07 million, a price-to-earnings ratio of -103.00 and a beta of 1.22.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. DekaBank Deutsche Girozentrale purchased a new position in shares of Yext in the third quarter worth about $32,000. Covestor Ltd increased its holdings in shares of Yext by 17,238.7% in the third quarter. Covestor Ltd now owns 5,375 shares of the company’s stock worth $34,000 after buying an additional 5,344 shares during the period. New York State Teachers Retirement System purchased a new position in shares of Yext in the fourth quarter worth about $56,000. Dynamic Advisor Solutions LLC purchased a new position in shares of Yext in the fourth quarter worth about $59,000. Finally, Alpine Global Management LLC purchased a new position in shares of Yext in the third quarter worth about $82,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Yext Company Profile

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Yext, Inc organizes business facts to provide answers to consumer questions in North America and internationally. It operates Yext platform, a cloud-based platform that allows its customers to offer answers to consumer questions, to control the facts about their businesses and the content of their landing pages, and to manage their consumer reviews; and provides customers to update their information and content through its publisher network of maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks, as well as professional services.

Further Reading

Analyst Recommendations for Yext (NYSE:YEXT)

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