Analyst Ratings for Okta
Portfolio Pulse from Benzinga Insights
Okta (NASDAQ:OKTA) has received a mix of analyst ratings over the last quarter, with 9 bullish, 9 somewhat bullish, and 10 indifferent ratings. No somewhat bearish or bearish ratings were reported. The average 12-month price target among 28 analysts is $92.64, with a high of $112.00 and a low of $74.00. This target has increased by 3.25% over the past month. Analysts typically review stocks quarterly or after major company updates, considering financial performance and company risks.
November 14, 2023 | 8:00 pm
News sentiment analysis
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POSITIVE IMPACT
Okta has received a range of analyst ratings, with a majority being positive (bullish or somewhat bullish) and an average price target of $92.64, which has recently increased. This suggests a generally optimistic outlook from analysts.
The positive analyst ratings and the recent increase in the average price target indicate a bullish sentiment towards Okta's stock in the short term. As analyst ratings can influence investor behavior, this news is likely to contribute to a positive perception and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100