Needham maintains its buy rating for Yext Inc. from Investing.com

Needham analyst Ryan MacDonald reiterated a buy rating on Yext (NYSE 🙂 Inc on Friday and set a price target of $ 18, which is about 90.88% above the current share price of $ 9.43.

MacDonald is expecting Yext Inc Report earnings per share (EPS) of $ -0.22 for the fourth quarter of 2021.

The current consensus under 1 Tip ranks Analysts advocate a moderate buy rating for Yext shares with an average price target of USD 18.
Analysts’ price targets range from a high of $ 18 to a low of $ 18.

In its latest earnings report released on July 31, 2021, the company reported quarterly sales of $ 98.12 million and net income of $ -26.41 million. The company’s market capitalization is $ 1.21 billion.

According to TipRanks.com, Needham analyst Ryan MacDonald is currently rated 5 stars on a 0-5 star rating scale, with an average return of 28.2% and a success rate of 58.76%.

Yext, Inc. is a high-growth company engaged in software development. It provides a cloud-based digital knowledge platform that enables companies to manage their digital knowledge in the cloud such as financial information, resources and the performance of these resources on a consolidated basis and with other applications such as Apple (NASDAQ 🙂 Maps, Bing, Cortana, Facebook (NASDAQ :), Google (NASDAQ :), Google Maps, Instagram, Siri and Howl (NYSE :). It offers the Yext Knowledge Engine package on a subscription basis, which provides access to lists, pages, reviews, and other features. The listing feature gives customers control of their digital presence, including their location and other related attributes that are published in the third-party applications they use. The Pages feature allows customers to set up landing pages on their own websites and manage digital content on those websites, including calls-to-action. The presence of reviews enables customers to promote and facilitate reviews from end users. The company was founded in 2006 by Howard Lerman, Metz and Brian Distelburger and is headquartered in New York, NY.

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