ZoomInfo price target lowered to $12 from $14 at JPMorgan

JPMorgan lowered the firm’s price target on ZoomInfo (GTM) to $12 from $14 and keeps an Overweight rating on the shares following the Q4 report. The company is showing stability but its growth is not inflecting, the analyst tells investors in a research note. JPMorgan views the results as “fairly consistent with a gradual-stabilization thesis.”