Piper Jaffray Keeps a Buy Rating on Yext Inc

By Ryan Adsit

In a report released yesterday, Alex Zukin from Piper Jaffray reiterated a Buy rating on Yext Inc (NYSE: YEXT), with a price target of $17. The company’s shares closed on Friday at $12.76.

According to TipRanks.com, Zukin is a 4-star analyst with an average return of 8.6% and a 63.2% success rate. Zukin covers the Technology sector, focusing on stocks such as Cornerstone Ondemand, Tyler Technologies, and Callidus Software.

Currently, the analyst consensus on Yext Inc is Moderate Buy and the average price target is $17.50, representing a 37.1% upside.

In a report issued on August 17, RBC Capital also reiterated a Buy rating on the stock with a $18 price target.

The company has a one year high of $15.11 and a one year low of $12.05. Currently, Yext Inc has an average volume of 243.8K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Yext, Inc. is an emerging growth company engages in software development. It offers a cloud-based digital knowledge platform which allows businesses manage their digital knowledge in the cloud such as financial information, resources and performance of these resources on a consolidated basis and sync it to other application such as Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. It offers the Yext Knowledge Engine package on subscription basis which has an access to Listings, Pages, Reviews and other features. The Listing feature provides customers with control over their digital presence, including their location and other related attributes published on the used third-party applications. The Pages feature allows customers to establish landing pages on their own websites and to manage digital content on those sites, including calls to action. The Reviews presence enables customers to encourage and facilitate reviews from end consumers. The company was founded by Howard Lerman, Brent Metz, and Brian Distelburger in 2006 and is headquartered in New York, NY.