RBC Capital Maintains Outperform on Okta, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Okta (NASDAQ:OKTA) and raises the price target from $100 to $110.
May 30, 2023 | 1:34 pm
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RBC Capital maintains an Outperform rating on Okta and raises the price target from $100 to $110.
RBC Capital's decision to maintain an Outperform rating on Okta and raise the price target from $100 to $110 indicates a positive outlook for the stock. This news is likely to have a positive impact on Okta's stock price in the short term as it reflects the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100