Canaccord Genuity Maintains Hold on Okta, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Michael Walkley maintains a 'Hold' rating on Okta (NASDAQ:OKTA) and lowers the price target from $85 to $75.
August 22, 2023 | 1:19 pm
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Canaccord Genuity has maintained a 'Hold' rating on Okta and lowered the price target from $85 to $75.
The lowering of the price target by Canaccord Genuity from $85 to $75 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Okta's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100