UBS Group Decreases Price Target for ZoomInfo Technologies to $34.00

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ZOOMINFO ($NASDAQ:ZI): UBS Group has recently decreased the price target for ZoomInfo Technologies to $34.00. ZoomInfo Technologies is a publicly traded company which provides marketing and sales intelligence solutions to businesses. They offer companies the ability to gain access to detailed profiles of potential customers and target them with personalized content. Their services enable businesses to quickly gain access to accurate and up-to-date contact information, as well as detailed profiles of potential customers. This helps them to target potential customers with more personalized content and increase their sales success. In addition to their marketing and sales intelligence solutions, ZoomInfo Technologies also offers technology products such as ZoomInfo Engage and ZoomInfo Connect. These products help companies streamline their marketing and sales processes, allowing them to spend less time gathering data and more time engaging with potential customers.

However, the company’s strong track record of growth and success may make them an attractive option for those looking for long-term investments. Despite the decrease in price target, ZoomInfo Technologies is still a viable option for investors who are looking for a reliable source of returns.

Stock Price

The news coverage for the company so far has been mostly positive, which was reflected in the stock prices on Monday. This increase in the stock price indicates that investors are confident in the company and its future prospects. It offers data-enrichment and profile-building technology, contact and account intelligence, and automated workflows to help businesses reach their goals. The company also provides insights into customer behavior and trends, enabling businesses to make data-driven decisions and better target customers.

However, given the company’s strong market position and its innovative technology solutions, ZoomInfo Technologies could still prove to be a viable investment option for investors. Therefore, it is important for investors to keep an eye on the company’s progress and development over the coming months. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Zoominfo Technologies. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Zoominfo Technologies. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Zoominfo Technologies. More…

Key Ratios Snapshot

Some of the financial key ratios for Zoominfo Technologies are shown below. More…

VI Analysis

Zoominfo Technologies is a medium risk investment according to VI Risk Rating. This assessment is based on the company’s fundamentals, which are an important indicator of its long term potential. VI App has identified three risk warnings in the income sheet, balance sheet, and cashflow statement. Income sheet risk warnings refer to the company’s performance over time, with lower than expected profits or sales being a warning sign. Balance sheet risk warnings indicate problems with liquidity or solvency, such as a large amount of debt or high leverage ratios. Finally, cash flow statement risk warnings refer to cash flow issues, such as a lack of cash reserves or difficulty in paying bills on time. It is important for investors to take into account these risk warnings when assessing the company’s long term potential. Understanding the company’s financials and assessing the risks associated with the investment are essential steps in making an informed decision. Investors should register with VI app to view more detailed information about the company’s financials and risk warnings. More…

VI Peers

Its competitors include Salesforce Inc, Snowflake Inc, Microsoft Corp.

– Salesforce Inc ($NYSE:CRM)

Salesforce is a cloud-based customer relationship management software company. They offer a variety of software solutions for businesses of all sizes, including Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, and more. Their products are designed to help businesses automate and streamline their sales, marketing, customer service, and commerce processes. Salesforce has a market cap of $162.59B as of 2022 and a Return on Equity of 0.08%.

– Snowflake Inc ($NYSE:SNOW)

Snowflake Inc is a data warehouse company that focuses on cloud-based data warehousing. The company has a market cap of 51.3B as of 2022 and a Return on Equity of -8.11%. Snowflake was founded in 2012 and is headquartered in San Mateo, California. The company went public in September 2020.

– Microsoft Corp ($NASDAQ:MSFT)

Microsoft Corporation is an American multinational technology company with a market cap of 1.7 trillion as of April 2021. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of tablets, laptops, and desktop computers. The company also has a cloud computing division called Azure and a professional social network LinkedIn.

Summary

Investors interested in ZoomInfo Technologies may be encouraged by the recent announcement by UBS Group cutting the price target to $34.00. The news coverage has largely been positive, and the stock price has increased since the announcement. Given these developments, investors may want to consider investing in ZoomInfo Technologies. However, as with any investment, it is important to do thorough research and understand the associated risks before committing any funds.