BofA analyst Koji Ikeda lowered the firm’s price target on ZoomInfo to $28 from $30 and keeps a Neutral rating on the shares after the company reported "mixed" Q1 results. Given the ongoing challenging macro environment and mixed Q1 results, BofA believes meaningful upside to revenue and non-GAAP operating income is "unlikely for the remainder of 2023," the analyst tells investors.
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Published first on TheFly
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