Wells Fargo Maintains Equal-Weight on Okta, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski has maintained an Equal-Weight rating on Okta and lowered the price target from $100 to $90.
August 29, 2024 | 12:25 pm
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Wells Fargo has maintained its Equal-Weight rating on Okta but reduced the price target from $100 to $90, indicating a more cautious outlook.
The reduction in price target from $100 to $90 by Wells Fargo suggests a more cautious outlook on Okta's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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RELEVANCE 100