Keybanc Maintains Overweight on Okta, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Michael Turits has maintained an Overweight rating on Okta (NASDAQ:OKTA) but lowered the price target from $106 to $95.
October 23, 2023 | 9:09 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Okta's price target has been lowered from $106 to $95 by Keybanc, although the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in Okta's stock price in the short term. However, the maintained Overweight rating suggests that the stock is still expected to outperform.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100