ZoomInfo Technologies Inc. (ZI) Tops Q1 EPS by 3c, Offers Guidance
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May 8, 2024 6:47 AM EDT
Deutsche Bank analyst Brad Zelnick lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $17.00 (from $20.00) while maintaining a Hold rating.
The analyst comments "ZoomInfos 1Q results were broadly in line with expectations as stabilization with large customers was offset by worsening SMB trends. While management sees some green shoots including enterprise stabilization, improving customer winbacks and... More
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
May 8, 2024 6:15 AM EDT
Wells Fargo analyst Michael Turrin lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $21.00 (from $28.00) while maintaining a Overweight rating.
The analyst comments "Q1 Top Line: 1) ZI came in a touch above St rev ests in Q1, +3% y/y & -2% q/q, driven by... More
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
