GTM: Barclays Lowers Price Target but Maintains Equal-Weight Rat

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Barclays analyst Raimo Lenschow has lowered the price target for ZoomInfo Technologies (GTM) to $9.00 from $12.00, while maintaining an Equal-Weight rating. This adjustment reflects a 25% decrease in the price target. Other analysts from Mizuho, Wells Fargo, Morgan Stanley, RBC Capital, and UBS have also recently revised their price targets for GTM, mostly downwards, influencing market sentiment and expectations for the company’s stock performance.

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