ZoomInfo and Fastly: The Impact of GenAI Concerns on Competitive Landscape

RBC Capital Downgrades ZoomInfo Technologies on Competition and genAI Concerns

RBC Capital, a global financial services company, has downgraded shares of ZoomInfo Technologies Inc. (ZI) to Underperform. The company also provided a new price target of $14, down from $16 per share. This downgrade comes as a result of concerns over competition and the longer-term implications of genAI.