Goldman Sachs Maintains Buy on Okta, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Gabriela Borges maintains a Buy rating on Okta (NASDAQ:OKTA) and raises the price target from $105 to $120.

February 29, 2024 | 3:05 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Okta and increases the price target from $105 to $120.
The upgrade in price target by a reputable analyst like Gabriela Borges from Goldman Sachs is a strong positive signal for Okta. It suggests confidence in the company's future performance and growth potential, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100