Barclays Maintains Overweight on ZoomInfo Technologies, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on ZoomInfo Technologies (NASDAQ:ZI) but has lowered the price target from $34 to $25.
August 01, 2023 | 10:39 am
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Barclays has maintained an Overweight rating on ZoomInfo Technologies but lowered the price target from $34 to $25.
The lowering of the price target by Barclays could lead to a negative sentiment among investors, potentially causing a short-term decrease in the stock price. However, the maintained Overweight rating indicates that Barclays still sees potential in the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100