DA Davidson Downgrades ZoomInfo Technologies to Neutral, Lowers Price Target to $9.5
Portfolio Pulse from Benzinga Newsdesk
DA Davidson has downgraded ZoomInfo Technologies (NASDAQ:ZI) from Buy to Neutral and lowered the price target from $20 to $9.5.
August 06, 2024 | 11:10 am
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DA Davidson downgraded ZoomInfo Technologies from Buy to Neutral and reduced the price target from $20 to $9.5.
The downgrade from Buy to Neutral and the significant reduction in the price target from $20 to $9.5 by DA Davidson is likely to negatively impact ZoomInfo Technologies' stock price in the short term. Such downgrades often lead to decreased investor confidence and selling pressure.
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IMPORTANCE 80
RELEVANCE 100