ZoomInfo shares are trading higher after Needham Initiated coverage on the stock with a Buy rating and $35 price target.
Portfolio Pulse from Bill Haddad
Needham has initiated coverage on ZoomInfo with a Buy rating and a price target of $35. This has led to ZoomInfo's shares trading higher.
June 28, 2023 | 12:06 pm
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ZoomInfo's shares are trading higher after Needham initiated coverage with a Buy rating and a $35 price target.
The initiation of coverage by Needham, a reputable financial firm, with a Buy rating indicates a positive outlook for ZoomInfo. This has led to an increase in the trading price of ZoomInfo's shares. The price target of $35 also suggests that Needham believes the stock has potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100