Canaccord Genuity Maintains Buy on ZoomInfo Technologies, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes has maintained a 'Buy' rating on ZoomInfo Technologies (NASDAQ:ZI) but lowered the price target from $32 to $26.

August 04, 2023 | 10:11 am
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NEUTRAL IMPACT
ZoomInfo Technologies' price target has been lowered from $32 to $26 by Canaccord Genuity, though the 'Buy' rating is maintained.
The news directly pertains to ZoomInfo Technologies. The lowering of the price target might indicate a potential downside risk, but the maintained 'Buy' rating suggests that the analyst still sees value in the stock. This could lead to mixed market reactions, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100