ZoomInfo price target raised to $13 from $11 at Barclays

Barclays raised the firm’s price target on ZoomInfo (ZI) to $13 from $11 and keeps an Equal Weight rating on the shares. The firm expects the shares to move higher post the Q4 report, which it says saw all major metrics come in better than consensus. ZoomInfo appears to be executing better on its upmarket pivot, while cross-sell opportunities continue to exhibit strong growth, the analyst tells investors in a research note. Barclays thinks investor interest could return.