RBC Capital Maintains Outperform on Okta, Raises Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Okta (NASDAQ:OKTA) and raises the price target from $110 to $112.
June 01, 2023 | 1:00 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Okta and raises the price target from $110 to $112.
The news of RBC Capital maintaining an Outperform rating on Okta and raising the price target from $110 to $112 is positive for the stock. This indicates that the analyst believes the stock will outperform the market and has increased confidence in the company's future performance. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100