Wells Fargo analyst Michael Turrin maintained a Buy rating on ZoomInfo Technologies (ZI – Research Report) on May 17 and set a price target of $21.00. The company’s shares closed last Friday at $13.09.
According to TipRanks, Turrin is an analyst with an average return of -3.3% and a 47.99% success rate. Turrin covers the Technology sector, focusing on stocks such as Adobe, Microsoft, and Salesforce.
ZoomInfo Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $17.47, implying a 33.46% upside from current levels. In a report released on May 8, Stifel Nicolaus also maintained a Buy rating on the stock with a $20.00 price target.
Based on ZoomInfo Technologies’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $310.1 million and a net profit of $15.1 million. In comparison, last year the company earned a revenue of $300.7 million and had a net profit of $44.5 million
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ZoomInfo Technologies (ZI) Company Description:
ZoomInfo Technologies Inc provides a cloud-based platform for sales and marketing teams. It provides information on the organizations and professionals of the target company. The services provided are contact & company search, buyer intent, social selling, web research, website visitor tracking, lead enrichment, database management, campaign optimization, webform optimizations, and others. Geographically, the company has its presence across the United States.
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