Barclays Remains Cautious on Zoominfo Technologies (GTM)

Zoominfo Technologies Inc. (NASDAQ:GTM) is currently showing notable potential upside and hedge fund support, helping its case as one of the Best Tech Stocks Under $10 to Buy, but analysts have more tempered expectations for the stock. On January 12, Barclays maintained an Equal Weight rating on Zoominfo while cutting the price target to $12 from $14. In his report, analyst Raimo Lenschow noted that “stock valuation levels are low and the sector is out of favor,” in his commentary on software companies’ p ...