In this article, we discuss the 5 stocks that analysts are upgrading. If you want to read our detailed analysis of these stocks, go directly to Analysts Are Upgrading These 10 Stocks.
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5. ZoomInfo Technologies Inc. (NASDAQ:ZI)
Number of Hedge Fund Holders: 35
ZoomInfo Technologies Inc. (NASDAQ:ZI) is ranked fifth on our list of 10 stocks that analysts are upgrading. The company markets a cloud-based market intelligence platform for sales and marketing teams across the world. It operates from Washington.
On September 17, investment advisory Barclays upgraded ZoomInfo Technologies Inc. (NASDAQ:ZI) stock to Overweight from Equal Weight and raised the price target to $83 from $66, citing attractive valuation based on 2023 estimates for the firm.
Out of the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Citadel Investment Group is a leading shareholder in ZoomInfo Technologies Inc. (NASDAQ:ZI) with 2.6 million shares worth more than $136 million.