Yext Receives Consensus “Reduce” Rating as Analysts Reissue Sell Views
Analysts issued a consensus “Reduce” rating for Yext, with Weiss Ratings reissuing a sell (d+) stance. Some brokerages raised their price targets, including B. Riley Financial increasing its objective to $7.00 with a neutral view, while others reiterated lower outlooks. The period also saw share purchases by an insider director and institutions including Lynrock Lake LP, Hudson Bay Capital, and BlackRock.