Zeta Global Sees 16% Surge After Morgan Stanley's Upgrade to Overweight Rating and $17 Price Target
Thursday, 4 April 2024, 15:04
Zeta Global's Stock Surge
Shares of advertising and marketing firm Zeta Global (NYSE: ZETA) soared 16% after Morgan Stanley upgraded the stock's rating and price target. The analyst's bullish stance, from Equal Weight to Overweight, alongside a price target increase to $17, represents a significant potential upside for investors.
Key Highlights:
- Upgrade to Overweight: Morgan Stanley elevates ZETA's rating, predicting a positive outlook.
- Raised Price Target: The new $17 price target signifies a substantial potential growth of 45%.
- Anticipated Catalysts: Analysts believe third-party cookie-deprecation will drive demand and further enhance ZETA's performance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.