Needham Maintains Buy on ZoomInfo Technologies, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Joshua Reilly maintains a Buy rating on ZoomInfo Technologies (NASDAQ:ZI) but lowers the price target from $25 to $15.

August 06, 2024 | 10:36 am
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NEUTRAL IMPACT
Needham analyst Joshua Reilly maintains a Buy rating on ZoomInfo Technologies but lowers the price target from $25 to $15.
The maintained Buy rating suggests continued confidence in the company's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100