Citi raised the firm’s price target on ZoomInfo (GTM) to $13 from $11 and keeps a Neutral rating on the shares after its Q3 earnings beat. The company reported an above average top line beat, with continued success upmarket and sequential improvements within the downmarket customer base, the analyst tells investors in a research note. The firm adds that it has come away incrementally more positive on the company’s ability to grow.
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Read More on GTM:
- ZoomInfo price target raised to $13 from $12 at UBS
- ZoomInfo price target raised to $12 from $10 at BofA
- Cautious Outlook on ZoomInfo: Sell Rating Amid uFCF Concerns and Customer Retention Challenges
- ZoomInfo price target raised to $10.70 from $9.40 at Goldman Sachs
- ZoomInfo price target raised to $10 from $9 at KeyBanc
