Baird Maintains Outperform on Okta, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Shrenik Kothari has maintained an Outperform rating on Okta (NASDAQ:OKTA) and increased the price target from $90 to $108.
February 29, 2024 | 6:00 pm
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Baird analyst Shrenik Kothari reaffirmed an Outperform rating on Okta and raised the price target from $90 to $108.
The increase in price target by Baird reflects a positive outlook on Okta's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100