Form 8-K ZoomInfo Technologies For: May 07

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Go back to Form 8-K ZoomInfo Technologies For: May 07

ZoomInfo Technologies Inc. (ZI) PT Cut to $12 at RBC

May 8, 2024 6:36 AM EDT

(Updated - May 8, 2024 6:42 AM EDT)

RBC Capital Rishi Jaluria Underperform ZoomInfo Technologies (NASDAQ: ZI) price target of $12.00 (from $14.00)

The analyst comments "ZoomInfo reported a skinny beat and lowered 2024 guidance, leading shares down 17% after-hours. The key incremental takeaway was SMB trends deteriorated,... More

Goldman Sachs Downgrades ZoomInfo Technologies (ZI) to Sell, 'Softer hiring backdrop, weak renewal trends elongate path to growth re-acceleration'

May 8, 2024 5:54 AM EDT

Goldman Sachs analyst Kash Rangan downgraded ZoomInfo Technologies (NASDAQ: ZI) from Neutral to Sell with a price target of $12.00 (from $19.50).

The analyst comments "We downgrade ZI to Sell (from Neutral) and lower our PT to $12 from $19.50. Our Neutral rating was predicated on: 1) elongated... More