Daiwa Capital Markets downgraded ZoomInfo Technologies' rating from outperform to neutral.

Daiwa Capital Markets downgraded ZoomInfo Technologies (NASDAQ:ZI) to a neutral rating from outperform, with a new price target of $9.00, down from $15.00. Analysts have made further revisions to ZoomInfo's ratings, with a consensus rating of hold and a consensus price target of $13.40. The company reported a $0.17 EPS for the quarter, missing analysts' estimates of $0.24 by $0.07.