RBC Capital raised the firm’s price target on Zeta Global to $34 from $29 and keeps an Outperform rating on the shares. At the company’s “well-attended” user-event Zeta Live, the management not only unveiled products but also highlighted the challenges within the current marketing departments and how they are positioned to help create resolutions, the analyst tells investors in a research note. RBC adds that it continues to view Zeta as well positioned in an evolving marketing landscape, boosting its FY24 revenue growth view to 31% from 27%.
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