Stifel Maintains Buy on ZoomInfo Technologies, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane maintains a Buy rating on ZoomInfo Technologies (ZI) but lowers the price target from $24 to $20.

May 08, 2024 | 1:35 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on ZoomInfo Technologies but lowers the price target from $24 to $20.
The adjustment in price target by Stifel reflects a revised valuation perspective, potentially due to market conditions or company performance insights. While the Buy rating indicates continued confidence in the company's prospects, the lower price target suggests a tempered outlook on its short-term price performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100