ZoomInfo price target lowered to $19 from $21 at Barclays

Barclays analyst Raimo Lenschow lowered the firm’s price target on ZoomInfo to $19 from $21 and keeps an Overweight rating on the shares. Although the Q3 numbers look solid at face value, the shares may come under pressure post the call commentary as management painted a shakier macro picture into 2024, the analyst tells investors in a research note.