Canaccord Genuity Maintains Hold on Okta, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Hold rating on Okta, while lowering its price target from $95 to $90.
August 29, 2024 | 3:17 pm
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Canaccord Genuity has maintained a Hold rating on Okta, while lowering its price target from $95 to $90.
The Hold rating suggests a neutral stance, but the lowered price target indicates a slightly negative outlook on Okta's short-term performance. This could lead to a minor decrease in stock price as investors adjust expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100