RBC Capital Reiterates Outperform on Okta, Maintains $112 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Matthew Hedberg has reiterated his 'Outperform' rating on Okta (NASDAQ:OKTA) and maintained a price target of $112.
August 31, 2023 | 1:01 pm
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POSITIVE IMPACT
Okta's stock rating has been reiterated as 'Outperform' by RBC Capital, with a maintained price target of $112.
The reiteration of the 'Outperform' rating and the maintenance of the $112 price target by RBC Capital indicates a positive outlook for Okta. This could potentially attract investors, leading to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100