Equities researchers at Stifel Nicolaus initiated coverage on shares of ZoomInfo Technologies (NASDAQ:ZI) in a research note issued to investors on Monday, MarketBeat.com reports. The brokerage set a “buy” rating and a $60.00 price target on the stock. Stifel Nicolaus’ price target suggests a potential upside of 18.30% from the company’s previous close.
Several other brokerages have also weighed in on ZI. Bank of America began coverage on shares of ZoomInfo Technologies in a report on Monday. They set a “buy” rating and a $60.00 price objective for the company. Piper Sandler began coverage on shares of ZoomInfo Technologies in a report on Monday. They issued an “overweight” rating and a $59.00 price target for the company. Nine investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $55.93.
Shares of ZI stock opened at $50.72 on Monday. ZoomInfo Technologies has a 1-year low of $32.10 and a 1-year 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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