ZoomInfo Technologies (NASDAQ:ZI) Now Covered by Royal Bank of Canada

Research analysts at Royal Bank of Canada assumed coverage on shares of ZoomInfo Technologies (NASDAQ:ZI) in a research note issued on Monday, Marketbeat Ratings reports. The firm set a “sector perform” rating and a $50.00 price target on the stock. Royal Bank of Canada’s price objective would suggest a potential downside of 1.42% from the stock’s previous close.

A number of other brokerages also recently commented on ZI. JMP Securities began coverage on shares of ZoomInfo Technologies in a research report on Monday. They set a “market perform” rating on the stock. UBS Group assumed coverage on shares of ZoomInfo Technologies in a research report on Monday. They set a “neutral” rating and a $55.00 price objective on the stock. 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 target price for the company. Wells Fargo & Co assumed coverage on shares of ZoomInfo Technologies in a research report on Monday. They issued an “equal weight” rating and a $55.00 target price for the company. Finally, Mizuho assumed coverage on shares of ZoomInfo Technologies in a research report on Monday. They issued a “buy” rating and a $60.00 target price for the company. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $55.93.

Shares of ZI opened at $50.72 on Monday. ZoomInfo Technologies has a 52 week low of $32.10 and a 52 week 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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Analyst Recommendations for ZoomInfo Technologies (NASDAQ:ZI)

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