Keybanc Maintains Overweight on ZoomInfo Technologies, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jason Ader maintains an Overweight rating on ZoomInfo Technologies (ZI) but lowers the price target from $20 to $18.

May 08, 2024 | 6:26 pm
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Keybanc maintains an Overweight rating on ZoomInfo Technologies but lowers the price target from $20 to $18.
While the maintenance of an Overweight rating suggests continued confidence in ZoomInfo Technologies' fundamentals and growth prospects, the reduction in the price target could reflect adjustments in valuation metrics, market conditions, or both. This mixed signal might lead to short-term price volatility as investors reassess their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100