Needham Reiterates Buy on Okta, Maintains $130 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson has reiterated a Buy rating on Okta (NASDAQ:OKTA) and maintained a price target of $130.
May 30, 2024 | 10:19 am
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Needham analyst Alex Henderson has reiterated a Buy rating on Okta and maintained a price target of $130, indicating confidence in the company's future performance.
The reiteration of a Buy rating and the maintenance of a $130 price target by a reputable analyst suggests a positive outlook for Okta's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100