BofA Securities Initiates Coverage on ZoomInfo Technologies (NASDAQ:ZI)

BofA Securities began coverage on shares of ZoomInfo Technologies (NASDAQ:ZI) in a research note issued to investors on Monday, Briefing.com Automated Import reports. The brokerage set a “buy” rating and a $60.00 price target on the stock. BofA Securities’ price objective indicates a potential upside of 18.30% from the stock’s current price.

A number of other equities analysts also recently commented on ZI. Bank of America assumed coverage on shares of ZoomInfo Technologies in a research note on Monday. They set a “buy” rating and a $60.00 target price for the company. Morgan Stanley assumed coverage on shares of ZoomInfo Technologies in a research report on Monday. They issued an “equal weight” rating and a $50.00 price target for the company. SunTrust Banks assumed coverage on shares of ZoomInfo Technologies in a research report on Monday. They issued a “buy” rating and a $60.00 price target for the company. Barclays assumed coverage on shares of ZoomInfo Technologies in a research report on Monday. They issued an “equal weight” rating and a $54.00 price target for the company. Finally, Stifel Nicolaus assumed coverage on shares of ZoomInfo Technologies in a research report on Monday. They issued a “buy” rating and a $60.00 price target for the company. Nine investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $55.93.

Shares of ZI stock opened at $50.72 on Monday. ZoomInfo Technologies has a 12 month low of $32.10 and a 12 month high of $64.40.

About ZoomInfo Technologies

ZoomInfo Technologies Inc operates cloud-based go-to-market intelligence platform for information and insights on the organizations and professionals in the United States and internationally. The company's platform helps sales and marketing professionals to identify the target customers, pinpoint the right decision makers, obtain continually updated predictive lead and company scoring, monitor buying signals and other attributes of target companies, craft the right message, engage via automated sales tools, and track progress through the deal cycle.

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Analyst Recommendations for ZoomInfo Technologies (NASDAQ:ZI)

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