Stifel Nicolaus Initiates Coverage on ZoomInfo Technologies (NASDAQ:ZI)

Analysts at Stifel Nicolaus assumed coverage on shares of ZoomInfo Technologies (NASDAQ:ZI) in a research note issued to investors on Monday, Marketbeat Ratings reports. The brokerage set a “buy” rating and a $60.00 price target on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 18.30% from the stock’s current price.

Several other research analysts have also weighed in on the stock. Piper Sandler began coverage on shares of ZoomInfo Technologies in a research report on Monday. They set an “overweight” rating and a $59.00 target price on the stock. Bank of America began coverage on shares of ZoomInfo Technologies in a research report on Monday. They set a “buy” rating and a $60.00 target price on the stock. Nine investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $55.93.

NASDAQ 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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