Yext (NYSE:YEXT)‘s stock had its “buy” rating reaffirmed by analysts at KeyCorp in a research report issued to clients and investors on Sunday. They presently have a $16.00 price objective on the stock. KeyCorp’s price objective would indicate a potential upside of 26.08% from the company’s previous close.

YEXT has been the subject of several other reports. Zacks Investment Research upgraded Yext from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th. Piper Jaffray Companies reiterated a “buy” rating and issued a $17.00 price objective on shares of Yext in a report on Monday, August 28th. BidaskClub upgraded Yext from a “sell” rating to a “hold” rating in a report on Saturday, November 4th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $18.00 price objective on shares of Yext in a report on Friday, September 22nd. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $16.20.

Yext (NYSE:YEXT) traded down $0.04 during midday trading on Friday, reaching $12.69. The company had a trading volume of 508,900 shares, compared to its average volume of 335,557. Yext has a 52 week low of $11.12 and a 52 week high of $15.11.

In other Yext news, CEO Howard Lerman sold 25,000 shares of the business’s stock in a transaction dated Wednesday, October 18th. The stock was sold at an average price of $12.09, for a total transaction of $302,250.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Tom Christopher Dixon sold 12,500 shares of the business’s stock in a transaction dated Tuesday, October 17th. The shares were sold at an average price of $12.15, for a total value of $151,875.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 352,999 shares of company stock valued at $4,438,086.

Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada bought a new position in shares of Yext during the 2nd quarter valued at approximately $100,000. Cubist Systematic Strategies LLC bought a new position in shares of Yext during the 2nd quarter valued at approximately $146,000. Rhumbline Advisers bought a new position in shares of Yext during the 2nd quarter valued at approximately $164,000. Alliancebernstein L.P. bought a new position in shares of Yext during the 2nd quarter valued at approximately $172,000. Finally, New York State Common Retirement Fund bought a new position in shares of Yext during the 2nd quarter valued at approximately $173,000. Institutional investors and hedge funds own 28.58% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Yext (YEXT) Rating Reiterated by KeyCorp” was first published by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another website, it was stolen and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/12/11/yext-yext-rating-reiterated-by-keycorp.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.

Analyst Recommendations for Yext (NYSE:YEXT)

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.