Morgan Stanley Maintains Equal-Weight on Zeta Global Holdings, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stan Zlotsky has maintained an Equal-Weight rating on Zeta Global Holdings (NYSE:ZETA) and raised the price target from $11 to $12.
August 07, 2023 | 3:48 pm
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POSITIVE IMPACT
Zeta Global Holdings' price target has been raised from $11 to $12 by Morgan Stanley, while maintaining an Equal-Weight rating.
The news is directly related to Zeta Global Holdings and is likely to have a positive impact on its stock price in the short term. The increase in the price target by a reputable financial institution like Morgan Stanley indicates a positive outlook for the company's stock. However, the Equal-Weight rating suggests that the stock is expected to perform in line with the market, which may limit the upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100