BofA analyst Koji Ikeda raised the firm’s price target on Zeta Global (ZETA) to $30 from $28 and keeps a Buy rating on the shares after Zeta announced it completed the acquisition of Marigold and management raised its outlook for 2025 and 2026 in conjunction with the announcement. The analyst, who caught up with management on the news, reports that the “overall tone was confident and bullish.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZETA:
- Zeta Global’s Strategic Acquisition and Data Strategy Drive Buy Rating and Raised Price Target
- Zeta Global’s Strategic Acquisition of Marigold: Buy Rating Affirmed Amid Long-Term Financial Growth Expectations
- Zeta Global Completes Marigold Acquisition for $325 Million
- Zeta Global raises FY25 revenue view to $1.289B-$1.292B, consensus $1.27B
- Zeta Global Holdings Corp: Undervalued Growth Opportunity with Strong Strategic Initiatives