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ZoomInfo (ZI) cut to Peer Perform at Wolf following 2Q miss and sell-off

August 2, 2023 1:41 PM EDT

Wolf research downgraded software company ZoomInfo (NASDAQ: ZI) to a Peer Perform rating (From Outperform), with a $15-$21 FV range, following the companys 2Q earnings release.

ZI reported 2Q23 revenue of $308.6M (missing consensus estimates of $310.94M), marking the company's first guidance miss as a public company. Operating... More