Okta shares are trading lower after Piper Sandler and Jefferies maintained their ratings on the stock but lowered their respective price targets.
Portfolio Pulse from Benzinga Newsdesk
Okta shares are trading lower after Piper Sandler and Jefferies maintained their ratings on the stock but lowered their respective price targets.
October 24, 2023 | 3:52 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Okta's stock price is trading lower due to Piper Sandler and Jefferies maintaining their ratings but lowering their price targets.
The lowering of price targets by Piper Sandler and Jefferies, despite maintaining their ratings, indicates a less optimistic outlook for Okta's stock. This has led to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100