Truist Securities Reiterates Hold on Okta, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has reiterated a Hold rating on Okta and lowered its price target from $105 to $95.
August 29, 2024 | 1:39 pm
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Truist Securities has reiterated a Hold rating on Okta and lowered its price target from $105 to $95, indicating a more cautious outlook on the stock.
The Hold rating suggests that the analyst does not see significant upside potential in the short term. The lowered price target from $105 to $95 indicates a more cautious outlook, which could lead to a negative short-term impact on Okta's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100