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Zeta Global price target lowered to $30 from $36 at Truist

Truist lowered the firm’s price target on Zeta Global (ZETA) to $30 from $36 and keeps a Buy rating on the shares. The company’s Q4 marked its 18th consecutive quarter of beat-and-raise dynamics, though the guidance reflects nothing meaningful from key new product cycle associated with Athena superintelligent AI agents, the analyst tells investors in a research note. AI fears are unfairly punishing Zeta and other growth compounders, though the firm is cutting its price target due to sector valuation declines, Truist added.

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