Morgan Stanley Maintains Overweight on ZoomInfo Technologies, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Elizabeth Porter has maintained an Overweight rating on ZoomInfo Technologies (NASDAQ:ZI) but lowered the price target from $26 to $24.
October 31, 2023 | 1:03 pm
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NEUTRAL IMPACT
Morgan Stanley has maintained an Overweight rating on ZoomInfo Technologies but lowered the price target from $26 to $24.
The news is directly about ZoomInfo Technologies. While the Overweight rating is maintained, the lowering of the price target could indicate a potential decrease in the stock's value. However, the impact is not clear cut and could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100