ZoomInfo Technologies (GTM) reported a "modest" Q4 beat but its initial 2026 guidance points to uncertainty around the timing and strength of a broader growth rebound, Morgan Stanley's research division said in a note to clients Tuesday.

The bank's research division said the "muted" outlook reflects much slower growth, with revenue expected to rise about 0.6% year-over-year at the midpoint, below other analysts' consensus expectations of 1.5%.

The bank said overall, while business quality is improving, there are limited near-term catalysts for a major re-rating.

Morgan Stanley kept its equal-weight rating of ZoomInfo Technologies, and cut its price target to $9 from $13.

Shares of the company were down nearly 11% in recent Tuesday trading.

Price: 6.65, Change: -0.68, Percent Change: -9.22