Stifel Maintains Buy on ZoomInfo Technologies, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane maintains a Buy rating on ZoomInfo Technologies (NASDAQ:ZI) but lowers the price target from $20 to $16.

July 23, 2024 | 2:27 pm
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Stifel analyst Parker Lane maintains a Buy rating on ZoomInfo Technologies but lowers the price target from $20 to $16.
The Buy rating suggests continued confidence in the company's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100