Yext shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 and FY24 guidance above estimates. Roth MKM upgraded the stock from Neutral to Buy.
Portfolio Pulse from Benzinga Newsdesk
Yext shares are trading higher after reporting better-than-expected Q1 financial results and issuing Q2 and FY24 guidance above estimates. Roth MKM upgraded the stock from Neutral to Buy.
June 07, 2023 | 4:42 pm
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Yext shares are up following better-than-expected Q1 results and higher Q2 and FY24 guidance. Roth MKM upgraded the stock to Buy.
Yext's better-than-expected Q1 financial results and higher Q2 and FY24 guidance indicate strong performance and future growth potential. This has led Roth MKM to upgrade the stock from Neutral to Buy, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100