Citigroup Maintains Neutral on Okta, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Fatima Boolani maintains a Neutral rating on Okta and lowers the price target from $115 to $110.

August 29, 2024 | 3:59 pm
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Citigroup analyst Fatima Boolani maintains a Neutral rating on Okta and lowers the price target from $115 to $110, indicating a slightly less optimistic outlook.
The Neutral rating suggests no strong buy or sell recommendation, while the lowered price target indicates a slightly less optimistic view on Okta's short-term performance. This could lead to a neutral impact on the stock price as the market may have already priced in this sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100