Raymond James Maintains Outperform on ZoomInfo Technologies, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Peterson has maintained an 'Outperform' rating on ZoomInfo Technologies (NASDAQ:ZI) but lowered the price target from $26 to $20.

October 31, 2023 | 5:53 pm
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NEGATIVE IMPACT
ZoomInfo Technologies' price target has been lowered from $26 to $20 by Raymond James, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could lead to a negative sentiment among investors, potentially causing a short-term decrease in ZoomInfo's stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100