Jefferies Maintains Hold on Okta, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Joseph Gallo maintains a Hold rating on Okta and lowers the price target from $100 to $85.
September 24, 2024 | 3:18 pm
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Jefferies analyst Joseph Gallo maintains a Hold rating on Okta and lowers the price target from $100 to $85, indicating a more cautious outlook.
The lowering of the price target from $100 to $85 by Jefferies suggests a more cautious outlook on Okta's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
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