Yext price target raised to $10 from $8 at Needham

Needham raised the firm’s price target on Yext (YEXT) to $10 from $8 and keeps a Buy rating on the shares. The company reported a solid Q3, delivering a revenue and an adjusted EBITDA beat as the core business remains stable, the analyst tells investors in a research note. Yext’s recently acquired Hearsay is also trending better than initial expectations, the firm adds.