{"id":19585,"date":"2023-06-07T16:42:54","date_gmt":"2023-06-07T20:42:54","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/4-big-analyst-picks-yext-riding-high\/"},"modified":"2023-06-07T16:42:55","modified_gmt":"2023-06-07T20:42:55","slug":"4-big-analyst-picks-yext-riding-high","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=19585","title":{"rendered":"4 big analyst picks: YEXT riding high"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\"><\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p dir=\"ltr\">Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Yext, McCormick, and Ultragenyx, and a Buy initiation at Super Micro Computer.<\/p>\n<p dir=\"ltr\">InvestingPro subscribers got this news before anyone else. Start your 7-day trial to get on board.<\/p>\n<h2 dir=\"ltr\"><strong>Yext upgraded to Buy following Q1 beat<\/strong><\/h2>\n<p dir=\"ltr\">Roth\/MKM upgraded Yext (NYSE:) to Buy from Neutral and raise its price target to $12.50 from $8.50.<\/p>\n<p dir=\"ltr\">Shares surged more than 17% pre-market today following the company\u2019s Q1 results, with of $0.09 and revenue of $99.5 million coming in above expectations. Management\u2019s Q2\/24 and full-year guidance also beat the consensus estimates.<\/p>\n<p dir=\"ltr\">Roth\/MKM said it is encouraged by management&#8217;s focus on sales execution and profitable growth, noting that the upcoming AI products unlock new TAM, and could help reposition the company as the de facto AI partner for large enterprises.<\/p>\n<h2 dir=\"ltr\"><strong>McCormick upgraded at BofA ahead of Q2 earnings<\/strong><\/h2>\n<p dir=\"ltr\">BofA Securities upgraded McCormick (NYSE:) to Buy from Underperform and raised its price target to $100.00 from $75.00, as InvestingPro reported in real time.<\/p>\n<p dir=\"ltr\">The company is set to report its Q2\/23 earnings on June 29. Street estimates stand at $0.57 for EPS and $1.66B for revenues.<\/p>\n<p dir=\"ltr\"><img decoding=\"async\" title=\"\" src=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/f071ce3b7ea8b2d88050d324a7051c52.jpeg\" alt=\"\" width=\"\" height=\"\"><\/p>\n<h2 dir=\"ltr\"><strong>2 more picks<\/strong><\/h2>\n<p dir=\"ltr\"><strong>Rosenblatt initiated coverage on Super Micro Computer (NASDAQ:) with a Buy<\/strong> rating and a price target of $300.00.<\/p>\n<p dir=\"ltr\">According to Rosenblat, the company\u2019s TAM is expected to exceed $178 billion by 2027 supporting a sales CAGR of over 20%.<\/p>\n<p dir=\"ltr\">The company reported its Q3 last month. While both EPS and revenues missed the consensus estimates, the company\u2019s Q4\/23 and full-year guidance came in above expectations.<\/p>\n<p dir=\"ltr\"><strong>Evercore ISI upgraded <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Ultragenyx <\/span><\/span> (NASDAQ:) to Outperform<\/strong> from In Line and raised its price target to $80.00 from $60.00.<\/p>\n<p dir=\"ltr\">Jump on the biggest news for your portfolio amid a barrage of market headlines: Always be the first to know with InvestingPro.<\/p>\n<p dir=\"ltr\">Start your free 7-day trial now.<\/p>\n<p dir=\"ltr\"><img decoding=\"async\" title=\"\" src=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/6c5fdfed9608455d05541e3c5140e78a.png\" alt=\"\" width=\"\" height=\"\"><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/4-big-analyst-picks-yext-riding-high-3099849\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Yext, McCormick, and Ultragenyx, and a Buy initiation at Super Micro Computer. InvestingPro subscribers got this news before anyone else. Start your 7-day trial to get on board. Yext upgraded to Buy following Q1 beat Roth\/MKM upgraded [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19586,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-19585","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>4 big analyst picks: YEXT riding high | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Yext, McCormick, and Ultragenyx, and a Buy initiation\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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