Freedom Broker Initiates Coverage With Buy Rating For Zeta Global Holdings (ZETA)

Zeta Global Holdings Corp. (NYSE:ZETA) is one of the top 10 AI stocks that will skyrocket.

On June 30, Saken Ismailov from Freedom Broker initiated coverage of Zeta Global Holdings Corp. (NYSE:ZETA) with a target price of $28.50, implying upside potential of over 45%. The analyst assigned a Buy rating to the stock, based on his views that the company is strategically positioned to benefit from the broader enterprise-level pivot away from conventional marketing technology solutions that were highly fragmented. The focus is now more aligned towards integrated offerings that function as a unified marketing cloud, backed by artificial intelligence.

Earlier on June 24, Matt Bullock from Bank of America Securities increased his target price for Zeta Global Holdings Corp. (NYSE:ZETA) from $24 to $28. This results in an adjusted upside of more than 42%.

Bullock reaffirmed his Buy rating for the stock, following the company’s recent announcement of a 7-year strategic collaboration with Palantir Technologies Inc. (NASDAQ:PLTR). He anticipates this engagement to be a growth driver for Zeta in the coming years, although any substantial contribution towards the topline is not expected until 2027.

Zeta Global Holdings Corp. (NYSE:ZETA) provides enterprises with consumer intelligence and marketing automation software worldwide. The company operates the Zeta Marketing platform and Consumer Data Platform (CDP+) for unified customer profiles. It also offers Zeta Messaging, integrated data management, enterprise-scale delivery, and consumer data support.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. Follow Insider Monkey on Google News.