William Blair analyst Arjun Bhatia has reiterated their bullish stance on ZETA stock, giving a Buy rating yesterday.
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Arjun Bhatia has given his Buy rating due to a combination of factors that highlight Zeta Global Holdings Corp’s strong performance and potential for future growth. The company reported a notable increase in organic growth, surpassing previous estimates and demonstrating a positive trend in its financial performance. Additionally, Zeta raised its full-year revenue guidance, indicating confidence in its continued growth trajectory, despite maintaining a conservative outlook for the fourth quarter.
Moreover, Zeta’s strategic initiatives, such as its AI developments and agency expansion, are in the early stages and expected to drive further growth. The company’s unique platform, which integrates data management and customer engagement, provides a competitive edge in the market. With shares showing an upward trend in after-hours trading and the stock being considered undervalued for its growth potential, Arjun Bhatia reaffirms his positive outlook and Buy rating for Zeta Global Holdings Corp.