Barclays Maintains Equal-Weight on ZoomInfo Technologies, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on ZoomInfo Technologies (ZI) and lowers the price target from $20 to $19.
April 15, 2024 | 1:12 pm
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Barclays maintains an Equal-Weight rating on ZoomInfo Technologies and lowers the price target from $20 to $19.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of ZoomInfo Technologies. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or sector, but the lowered price target indicates a revision of the expected performance level.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100