Zeta Global price target raised to $45 from $37 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Zeta Global (ZETA) to $45 from $37 and keeps a Buy rating on the shares. The firm says the inflection that began early this year continues to take shape, and in no way is it better illustrated than ARPU growth accelerating from 11%, to 22%, to 33% in just three quarters. This is all before the acquisition of LiveIntent gets folded into numbers, and the cross-sell of the combined sales team sets out to increase monetization further, Craig-Hallum adds.