Okta shares are trading higher after analysts at Goldman Sachs raised their rating of the stock from Sell to Buy.
Portfolio Pulse from Luke J Jacobi
Okta's stock rating has been upgraded from Sell to Buy by analysts at Goldman Sachs, leading to a rise in the company's shares.
August 14, 2023 | 12:22 pm
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Okta's stock rating has been upgraded by Goldman Sachs, which has led to an increase in the company's share price.
Analyst ratings often have a significant impact on a company's stock price. In this case, the upgrade from Sell to Buy by Goldman Sachs indicates a positive outlook for Okta, which has led to an increase in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100