Wedbush Reiterates Outperform on Okta, Maintains $130 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Taz Koujalgi has reiterated an Outperform rating on Okta (NASDAQ:OKTA) and maintained a $130 price target.

May 10, 2024 | 2:33 pm
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Wedbush analyst Taz Koujalgi reaffirmed an Outperform rating on Okta, Inc., with a price target of $130, indicating a positive outlook on the company's stock.
Analyst ratings, especially those with a positive outlook such as an Outperform rating, can influence investor sentiment and potentially lead to an increase in stock price. Maintaining a high price target suggests that the analyst sees continued growth or recovery potential in Okta's stock, which could encourage investment.
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IMPORTANCE 90
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