Truist Securities Maintains Hold on Okta, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Gregory Miller has maintained a Hold rating on Okta (NASDAQ:OKTA) and increased the price target from $70 to $85.
January 16, 2024 | 7:13 pm
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Truist Securities analyst Gregory Miller maintains a Hold rating on Okta but raises the price target from $70 to $85, indicating a positive outlook on the stock's value.
The increase in price target from $70 to $85 by Truist Securities suggests an improved outlook on Okta's valuation, which could lead to positive investor sentiment and a potential increase in the stock price in the short term.
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