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Fly News Breaks for October 8, 2018
YEXT
Oct 8, 2018 | 17:53 EDT
DA Davidson analyst Tom White initiated Yext with a Buy rating and a price target of $28, citing the company's leading position in the expanding "Digital Knowledge" category which he states Yex has "pioneered". The analyst says the company helps businesses control their digital knowledge by filtering the information that their management wants to share on platforms such as Google, Apple Maps/Siri, Amazon Alexa, Facebook, TripAdvisor, Yelp and others. White expects the "Knowledge Management" industry to establish itself as a mission-critical function for virtually all businesses globally over time and offers a positive outlook on Yext based on its first-mover advantage.
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