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.
August 29, 2024 | 10:25 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 maintenance of a $130 price target by a reputable analyst suggests a positive outlook for Okta's stock. This can lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100