DA Davidson Maintains Neutral on Okta, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Rudy Kessinger maintains a Neutral rating on Okta and lowers the price target from $100 to $85.
August 29, 2024 | 2:47 pm
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NEGATIVE IMPACT
DA Davidson has maintained a Neutral rating on Okta but lowered the price target from $100 to $85, indicating a less optimistic outlook.
The lowering of the price target from $100 to $85 by DA Davidson suggests a less optimistic view on Okta's future performance, which could lead to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100