Zeta Global Holdings Corp ( (ZETA) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Zeta Global Holdings Corp’s stock is on the rise following its strategic acquisition of Marigold’s enterprise software business for up to $325 million. This move is anticipated to enhance Zeta’s AI-powered platform and expand its customer base, thereby boosting growth potential. Analysts have responded positively, increasing their price targets due to the expected positive impact on Zeta’s EBITDA and free cash flow. Additionally, the company’s efforts to expand in EMEA and APAC regions and new cross-selling opportunities further contribute to a positive outlook.
More about Zeta Global Holdings Corp
YTD Price Performance: 6.03%
Average Trading Volume: 8,665,930
Technical Sentiment Signal: Strong Buy
Current Market Cap: $5.01B
For further insights into ZETA stock on TipRanks’ Stock Analysis page.
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