JP Morgan Maintains Neutral on Okta, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex maintains a Neutral rating on Okta (NASDAQ:OKTA) and raises the price target from $105 to $110.
May 30, 2024 | 5:51 pm
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JP Morgan analyst Brian Essex maintains a Neutral rating on Okta and raises the price target from $105 to $110.
The raised price target from $105 to $110 suggests a positive outlook, which could lead to a short-term increase in Okta's stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100