Deutsche Bank Downgrades ZoomInfo Technologies to Hold, Announces $20 Price Target
Portfolio Pulse from richadhand@benzinga.com
Deutsche Bank analyst Brad Zelnick has downgraded ZoomInfo Technologies (NASDAQ:ZI) from Buy to Hold and set a price target of $20.
August 01, 2023 | 9:34 am
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ZoomInfo Technologies has been downgraded from Buy to Hold by Deutsche Bank, with a new price target of $20.
The downgrade from Buy to Hold by Deutsche Bank indicates a less optimistic outlook for the company's stock. The new price target of $20 may also suggest that the analyst believes the stock is currently overvalued, which could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100