ZoomInfo shares are trading higher after DA Davidson raised its price target on the stock from $30 to $40.
Portfolio Pulse from Benzinga Newsdesk
DA Davidson raised its price target on ZoomInfo stock from $30 to $40, causing the shares to trade higher.
May 18, 2023 | 7:31 pm
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POSITIVE IMPACT
ZoomInfo's price target has been raised by DA Davidson from $30 to $40, leading to higher trading.
The price target increase by DA Davidson is a positive signal for ZoomInfo, as it indicates the analyst's bullish outlook on the stock. This news is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100