Analysts at Royal Bank of Canada initiated coverage on shares of ZoomInfo Technologies (NASDAQ:ZI) in a report issued on Monday, MarketBeat Ratings reports. The brokerage set a “sector perform” rating and a $50.00 price target on the stock. Royal Bank of Canada’s price objective suggests a potential downside of 1.42% from the company’s previous close.

Several other research analysts have also issued reports on the stock. UBS Group initiated coverage on shares of ZoomInfo Technologies in a research note on Monday. They issued a “neutral” rating and a $55.00 target price on the stock. Morgan Stanley initiated coverage on shares of ZoomInfo Technologies in a research note on Monday. They issued an “equal weight” rating and a $50.00 target price on the stock. Credit Suisse Group initiated coverage on shares of ZoomInfo Technologies in a research note on Monday. They issued an “outperform” rating and a $60.00 target price on the stock. Stifel Nicolaus initiated coverage on shares of ZoomInfo Technologies in a research note on Monday. They issued a “buy” rating and a $60.00 target price on the stock. Finally, Mizuho initiated coverage on shares of ZoomInfo Technologies in a research note on Monday. They issued a “buy” rating and a $60.00 target price on the stock. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $55.93.

Shares of NASDAQ:ZI opened at $50.72 on Monday. ZoomInfo Technologies has a 12 month low of $32.10 and a 12 month high of $64.40.

About ZoomInfo Technologies

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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