Morgan Stanley raised the firm’s price target on Zeta Global (ZETA) to $27 from $23. Application SaaS names underperformed both the broader software group and the technology sector in 2025, but evidence is building that AI-related risks may prove less severe than initially feared, supporting a more constructive outlook for application SaaS in 2026, the analyst tells investors in a look-ahead note for the group. However, a continued lack of broad-based positive spending revisions keeps the firm “selectively opportunistic,” the analyst added.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZETA:
- Zeta: Strong Early 2026 Momentum and AI Collaboration Underscore Buy Rating and $30 Target
- AI Daily: Nvidia launches Rubin platform, chips in ‘full production’
- Zeta Global Holdings call volume above normal and directionally bullish
- Unusually active option classes on open January 6th
- Morning Movers: OneStream surges following report of Hg takeover talks