UBS Maintains Buy on Okta, Lowers Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Roger Boyd maintains a Buy rating on Okta but lowers the price target from $120 to $108.
August 29, 2024 | 12:44 pm
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NEUTRAL IMPACT
UBS analyst Roger Boyd maintains a Buy rating on Okta, but lowers the price target from $120 to $108, indicating a slightly less optimistic outlook.
The Buy rating suggests continued confidence in Okta's performance, but the lowered price target reflects a tempered outlook, which may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100