ZoomInfo Technologies (NASDAQ:ZI) Earns Buy Rating from Analysts at SunTrust Banks

SunTrust Banks started coverage on shares of ZoomInfo Technologies (NASDAQ:ZI) in a report published on Monday, BenzingaRatingsTable reports. The firm issued a buy rating and a $60.00 price target on the stock. SunTrust Banks also issued estimates for ZoomInfo Technologies’ Q2 2020 earnings at $0.05 EPS, Q3 2020 earnings at $0.08 EPS, Q4 2020 earnings at $0.09 EPS, FY2020 earnings at $0.26 EPS, Q1 2021 earnings at $0.09 EPS, Q2 2021 earnings at $0.10 EPS, Q3 2021 earnings at $0.11 EPS, Q4 2021 earnings at $0.11 EPS, FY2021 earnings at $0.41 EPS and FY2022 earnings at $0.52 EPS.

Other equities research analysts have also issued research reports about the stock. Credit Suisse Group assumed coverage on shares of ZoomInfo Technologies in a research note on Monday. They set an outperform rating and a $60.00 price target for the company. Bank of America started coverage on shares of ZoomInfo Technologies in a research note on Monday. They set a buy rating and a $60.00 price target for the company. Piper Sandler started coverage on shares of ZoomInfo Technologies in a research note on Monday. They issued an overweight rating and a $59.00 price objective for the company. Morgan Stanley started coverage on shares of ZoomInfo Technologies in a research note on Monday. They issued an equal weight rating and a $50.00 price objective for the company. Finally, Stifel Nicolaus started coverage on shares of ZoomInfo Technologies in a research note on Monday. They issued a buy rating and a $60.00 price objective for the company. Nine investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of $55.93.

Shares of ZI stock opened at $45.05 on Monday. ZoomInfo Technologies has a 12-month low of $32.10 and a 12-month 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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