Creative Planning purchased a new position in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 10,506 shares of the company’s stock, valued at approximately $536,000.
Separately, Raymond James Financial Services Advisors Inc. bought a new stake in shares of ZoomInfo Technologies in the 2nd quarter worth about $1,653,000.
ZoomInfo Technologies stock opened at $40.87 on Friday. The firm’s 50-day moving average price is $45.20. ZoomInfo Technologies Inc. has a 52-week low of $32.10 and a 52-week high of $64.40.
Several research firms have recently weighed in on ZI. Canaccord Genuity began coverage on shares of ZoomInfo Technologies in a research report on Monday, June 29th. They issued a “hold” rating for the company. Barclays dropped their target price on shares of ZoomInfo Technologies from $54.00 to $48.00 and set an “equal weight” rating for the company in a research report on Monday, July 20th. Credit Suisse Group began coverage on shares of ZoomInfo Technologies in a research report on Monday, June 29th. They issued an “outperform” rating and a $60.00 target price for the company. Morgan Stanley began coverage on shares of ZoomInfo Technologies in a report on Monday, June 29th. They issued an “equal weight” rating and a $50.00 price target for the company. Finally, BofA Securities began coverage on shares of ZoomInfo Technologies in a report on Monday, June 29th. They issued a “buy” rating and a $60.00 price target for the company. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. ZoomInfo Technologies has an average rating of “Hold” and a consensus target price of $55.53.
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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