B. Riley raised the firm’s price target on Zeta Global (ZETA) to $30 from $29 and keeps a Buy rating on the shares. Zeta completed the acquisition of Marigold’s enterprise software business for aggregate consideration of up to $325M, the analyst tells investors in a research note. Zeta’s organic business momentum remains strong and continues to outpace 2028 financial targets, as the updated FY26 guidance projects 20%+ organic revenue growth, sustained adjusted EBITDA margin expansion, and improved free cash flow conversion, the firm adds.
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Read More on ZETA:
- Zeta Global price target raised to $29 from $27 at DA Davidson
- Zeta Global price target raised to $30 from $28 at BofA
- 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