Bank of America Just Slashed Its Price Target for ZoomInfo (ZI) Stock
ZIZoomInfo Technologies (ZI) Investor Place·2024-08-07 01:36

Bank of America analyst Koji Ikeda downgraded ZoomInfo (NASDAQ:ZI) stock this morning after the company’s disappointing second-quarter earnings call yesterday. Indeed, Koji lowered ZI stock’s rating from “buy” to “underperform” while also dropping the price target to just 8persharefrom8 per share from 23.Not alone, scores of investment banks are lowering their estimations of ZoomInfo’s worth following the company’s earnings miss. This includes the likes of Mizuho, RBC Capital, Needham, Piper Sandler, Deutsche Bank and ...