Zeta Global price target raised to $15 from $14 at Craig-Hallum

Craig-Hallum analyst Jason Kreyer raised the firm’s price target on Zeta Global to $15 from $14 and keeps a Buy rating on the shares. The disparity between fundamental execution and share price continues to widen, as Zeta delivered a good Q4 and a great guide for 2024, the firm says. After completing its 4th straight year of 20%-plus growth, the company guided for a 5th, paired with consistent margin expansion that puts the 20% ZETA 2025 target into focus, Craig-Hallum adds. Despite a more robust guide than usual, the firm still believes these numbers will prove quite conservative.