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ZoomInfo price target lowered to $8 from $9 at Piper Sandler

Piper Sandler analyst Billy Fitzsimmons lowered the firm’s price target on ZoomInfo (GTM) to $8 from $9 on lower estimates, while keeping a Neutral rating on the shares. The firm says Q4 reflected a continuation of trends in ZoomInfo’s ongoing turnaround story, driven by continued upmarket momentum and a challenged down market demand environment.

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