ZoomInfo price target raised to $11 from $9 at Mizuho

Mizuho raised the firm’s price target on ZoomInfo (ZI) to $11 from $9 and keeps a Neutral rating on the shares. The company delivered “healthy” Q3 results, and while small business write-offs continued at elevated levels, management indicated signs of abating with ZoomInfo seeing traction with its artificial intelligence offerings and the CoPilot solution, especially within mid-market and enterprise segments, the analyst tells investors in a research note.