B of A Securities Upgrades ZoomInfo Technologies to Buy, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Koji Ikeda has upgraded ZoomInfo Technologies (NASDAQ:ZI) from Neutral to Buy and increased the price target from $20 to $25.
January 29, 2024 | 12:00 pm
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ZoomInfo Technologies has been upgraded by B of A Securities from Neutral to Buy, with a raised price target from $20 to $25.
Upgrades by analysts, especially from neutral to buy, typically signal a positive outlook on the stock, suggesting improved performance or valuation ahead. The increase in price target further reinforces the expectation of stock price appreciation. Given the direct mention and the nature of the upgrade, this news is highly relevant and important to investors in ZI, and there is high confidence that this will have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100