Macquarie Maintains Neutral on Okta, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Frederick Havemeyer maintains a Neutral rating on Okta (NASDAQ:OKTA) and raises the price target from $83 to $85.

August 31, 2023 | 1:05 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Macquarie analyst Frederick Havemeyer maintains a Neutral rating on Okta and raises the price target from $83 to $85.
The news directly pertains to Okta as the company's stock has been maintained at a Neutral rating by Macquarie. The price target has been raised from $83 to $85, which could indicate a potential increase in the stock's value. However, as the rating is Neutral, it suggests that the stock's price may not see significant changes in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100