Truist raised the firm’s price target on Zeta Global (ZETA) to $36 from $34 and keeps a Buy rating on the shares. Following the company’s investor day, the firm is incrementally confident that Zeta Global can beat organic revenue, EBITDA, and free cash flow estimates over a multi-year basis, the analyst tells investors in a research note. Zeta has extended its “attractive growth” targets at over 20%, new EBITDA margin, and free cash flow conversion targets to 2030, Truist added.
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