JP Morgan Maintains Neutral on Okta, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex maintains a Neutral rating on Okta and lowers the price target from $110 to $105.
August 29, 2024 | 2:25 pm
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JP Morgan analyst Brian Essex maintains a Neutral rating on Okta and lowers the price target from $110 to $105.
The lowering of the price target from $110 to $105 by JP Morgan suggests a slightly negative outlook on Okta's stock performance. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100