ZETA Raises PT
BofA raises Zeta Global price target to $28 after Palantir partnership
ZETA BofA analyst Matt Bullock raised the firm's price target on Zeta Global (ZETA) to $28 from $24 and keeps a Buy rating on the shares after the company announced a seven-year strategic partnership with data infrastructure provider Palantir (PLTR).
While noting that meaningful revenue contribution is not expected to begin until FY27, the firm views the partnership as an additional lever to drive growth upside for Zeta in out-years, the analyst tells investors.