JP Morgan Maintains Overweight on ZoomInfo Technologies, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Murphy has maintained an Overweight rating on ZoomInfo Technologies (NASDAQ:ZI) but lowered the price target from $26 to $22.
October 31, 2023 | 8:40 pm
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JP Morgan has maintained an Overweight rating on ZoomInfo Technologies but lowered the price target from $26 to $22.
The news is directly about ZoomInfo Technologies. The Overweight rating suggests that JP Morgan expects the stock to outperform, which could be positive for the stock. However, the lowering of the price target could be seen as a negative signal, potentially leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100