Analysts at Morgan Stanley assumed coverage on shares of Yext Inc (NASDAQ:YEXT) in a note issued to investors on Monday, May 8th. The firm set an “equal weight” rating and a $14.00 price target on the stock. Morgan Stanley’s price objective would indicate a potential upside of 5.50% from the stock’s current price.
Other research analysts have also issued reports about the company. Piper Jaffray Companies assumed coverage on Yext in a report on Monday, May 8th. They set an “overweight” rating and a $17.00 target price on the stock. Royal Bank of Canada assumed coverage on Yext in a research note on Monday, May 8th. They issued an “outperform” rating and a $18.00 price target for the company. Pacific Crest assumed coverage on Yext in a research note on Monday, May 8th. They issued a “sector weight” rating for the company. Finally, JPMorgan Chase & Co. assumed coverage on Yext in a research note on Monday, May 8th. They issued a “neutral” rating and a $15.00 price target for the company. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $16.00.
Yext (NASDAQ:YEXT) traded up 0.38% during mid-day trading on Monday, reaching $13.27. 115,771 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $13.85 and its 200 day moving average price is $13.85. The stock’s market capitalization is $416.60 million. Yext has a 12 month low of $12.82 and a 12 month high of $15.11.
COPYRIGHT VIOLATION NOTICE: This news story was posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright & trademark laws. The correct version of this news story can be viewed at https://www.chaffeybreeze.com/2017/05/20/morgan-stanley-initiates-coverage-on-yext-inc-yext-updated.html.
Yext Company Profile
Yext Inc is a knowledge engine provider. Yext puts business on the map. The Yext Knowledge Engine enables companies to manage their digital knowledge in the cloud and sync it to over 100 services in the PowerListings Network, including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp.
Receive News & Ratings for Yext Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yext Inc and related companies with MarketBeat.com's FREE daily email newsletter.