ZoomInfo Technologies (ZI) PT Raised to $60 at Deutsche Bank

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ZoomInfo Technologies Inc. (ZI) Upsizes Secondary Offering to 27M Shares from 20M Shares

August 4, 2021 5:33 AM EDT

ZoomInfo Technologies Inc. (NASDAQ: ZI) today announced an upsizing of the previously announced underwritten secondary offering by certain selling stockholders of ZoomInfo, including investment funds affiliated with TA Associates (TA), The Carlyle Group (Carlyle) and 22C Capital LLC (22C Capital) and an entity affiliated with ZoomInfos co-founders (together with TA, Carlyle and 22C Capital, the Selling Stockholders), to 27,000,000 shares of ZoomInfos Class A common stock pursuant to ZoomInfos... More

ZoomInfo (ZI) Explodes on Strong Q2 Results and Guidance, Analysts Bulled Up with 10 PT Hikes

August 3, 2021 9:33 AM EDT

Shares of ZoomInfo Technologies (NASDAQ: ZI) are up about 12% in todays trading session after the company delivered better-than-expected Q2 results. At least ten Wall Street analysts raised their price target on the stock following the print.

The company recorded earnings of $0.05 per share, while adjusted EPS came in at $0.14 per share, ahead of analyst estimates of $0.12 per share. Revenue for the quarter came in at $174 million to again top the $162.4 million consensus from the Street.

"ZoomInfo delivered another record quarter, including the highest levels ever for both retention activity and customer... More

ZoomInfo Technologies (ZI) PT Raised to $75 at BofA Securities

August 3, 2021 8:16 AM EDT

BofA Securities analyst Brad Sills raised the price target on ZoomInfo Technologies (NASDAQ: ZI) to $75.00 (from $70.00) while maintaining a Buy rating.

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