Research analysts at Morgan Stanley started coverage on shares of ZoomInfo Technologies (NASDAQ:ZI) in a report issued on Monday, Marketbeat.com reports. The firm set an “equal weight” rating and a $50.00 price target on the stock. Morgan Stanley’s target price would indicate a potential downside of 1.42% from the stock’s previous close.
Other analysts have also recently issued research reports about the company. Credit Suisse Group began coverage on ZoomInfo Technologies in a research report on Monday. They set an “outperform” rating and a $60.00 target price on the stock. Stifel Nicolaus began coverage on ZoomInfo Technologies in a report on Monday. They set a “buy” rating and a $60.00 price objective for the company. Bank of America began coverage on ZoomInfo Technologies in a report on Monday. They set a “buy” rating and a $60.00 price objective for the company. Finally, Piper Sandler began coverage on ZoomInfo Technologies in a report on Monday. They set an “overweight” rating and a $59.00 price objective for the company. Nine investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $55.93.
Shares of NASDAQ ZI opened at $50.72 on Monday. ZoomInfo Technologies has a 12-month low of $32.10 and a 12-month high of $64.40.
ZoomInfo Technologies Company Profile
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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