Stifel Reiterates Buy on Okta, Maintains $100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Adam Borg has reiterated a Buy rating on Okta (NASDAQ:OKTA) and maintained a price target of $100 for the company's stock.
November 21, 2023 | 7:02 pm
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Stifel analyst Adam Borg reaffirmed a Buy rating on Okta, Inc. and kept the price target at $100, indicating a positive outlook for the stock.
The reiteration of a Buy rating by a Stifel analyst suggests a positive sentiment towards Okta's stock. Maintaining a $100 price target indicates the analyst's belief that the stock has the potential to reach or exceed this value in the short term, which could influence investor confidence and drive the stock price upward.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100