Yext Inc (YEXT) has disclosed a new risk, in the Debt & Financing category.
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Yext Inc faces significant business risks due to restrictive covenants in its credit agreement, which limit its ability to transfer assets, acquire companies, or engage in other strategic actions without lender consent. These restrictions could hinder Yext’s operational flexibility and prevent it from pursuing potentially beneficial opportunities. Additionally, the company’s obligations are secured by nearly all its assets, and failure to meet financial covenants could lead to accelerated debt obligations. This situation poses a risk to Yext’s financial stability and future growth prospects.
The average YEXT stock price target is $9.83, implying 13.64% upside potential.
To learn more about Yext Inc’s risk factors, click here.