Yext (NYSE:YEXT) Given “Buy” Rating at Roth Mkm

Roth Mkm reissued their buy rating on shares of Yext (NYSE:YEXT) in a report released on Wednesday,Benzinga reports. Roth Mkm currently has a $9.50 price target on the stock, down from their prior price target of $10.50.

Other equities analysts also recently issued research reports about the company. DA Davidson raised their target price on Yext from $5.75 to $7.50 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. Needham & Company LLC restated a “buy” rating and issued a $10.00 target price on shares of Yext in a research report on Wednesday, February 12th.

Yext Trading Down 1.1 %

Shares of YEXT opened at $6.45 on Wednesday. The firm has a market cap of $823.16 million, a P/E ratio of -43.00 and a beta of 1.26. The stock’s 50 day moving average is $6.50 and its two-hundred day moving average is $6.67. Yext has a 12 month low of $4.29 and a 12 month high of $8.75.

Hedge Funds Weigh In On Yext

A number of institutional investors have recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. lifted its position in Yext by 18.2% during the third quarter. Harbor Capital Advisors Inc. now owns 22,002 shares of the company’s stock worth $152,000 after buying an additional 3,384 shares in the last quarter. Summit Trail Advisors LLC lifted its position in Yext by 1.8% during the fourth quarter. Summit Trail Advisors LLC now owns 188,039 shares of the company’s stock worth $1,196,000 after buying an additional 3,409 shares in the last quarter. Rhumbline Advisers lifted its position in Yext by 2.6% during the fourth quarter. Rhumbline Advisers now owns 148,549 shares of the company’s stock worth $945,000 after buying an additional 3,813 shares in the last quarter. Magnetar Financial LLC lifted its position in Yext by 17.3% during the fourth quarter. Magnetar Financial LLC now owns 28,766 shares of the company’s stock worth $183,000 after buying an additional 4,245 shares in the last quarter. Finally, Amundi lifted its position in Yext by 7.7% during the fourth quarter. Amundi now owns 59,877 shares of the company’s stock worth $391,000 after buying an additional 4,284 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Yext Company Profile

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.