Zeta Global Maintains Outperform Rating by William Blair Amidst Mixed Brokerage Perspectives

William Blair has recently reaffirmed an "outperform" rating for Zeta Global (NASDAQ:ZETA), as reported by RTT News. This reaffirmation comes alongside various other brokerage firms sharing their insights on the company's stock. Needham & Company LLC maintains a positive outlook with a "buy" rating and has set a price target of $13.00 for Zeta Global.

Brokerage Firms Provide Mixed Reviews

Morgan Stanley has adjusted its perspective slightly by cutting the price target for Zeta Global from $12.00 to $11.00, while still holding an "equal weight" rating. In contrast, TheStreet has upgraded Zeta Global from a "d+" rating to a "c-" rating. Across the board, one analyst holds a "hold" rating, while three others propose a "buy" rating. MarketBeat's consensus suggests a "Moderate Buy" rating with an average target price of $13.33.

Zeta Global's Market Performance

On the stock market, Zeta Global opened at $10.49. The company's one-year low sits at $7.24 with a peak of $11.14. The current market capitalization stands at $2.25 billion. Despite a negative price-to-earnings ratio and a negative return on equity, the company has a decent liquidity position, with a quick ratio and a current ratio both at 1.66. The earnings report for the last quarter showed the company missing estimates by a significant margin, which may concern investors.

Recent Insider Transactions

Zeta Global insiders, namely SVP Satish Ravella, have been active in the market, transacting over 5,000 shares of the company. Such insider trades are important for investors to monitor, as they may signal the confidence level of company executives.

Investor and Hedge Fund Interests

Hedge funds and institutional investors have shown varied interest in Zeta Global with new positions being opened and existing ones being adjusted, suggesting a continuously evolving investment landscape for the company.

About Zeta Global

Zeta Global specializes in consumer intelligence and marketing automation software through the use of data analytics and machine learning. The company's omnichannel approach is designed to anticipate consumer intent and drive marketing efficiency, working with a diverse set of data points to achieve this goal.

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