Truist Securities Maintains Hold on Okta, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Okta and lowered its price target from $95 to $80.
October 17, 2024 | 2:27 pm
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NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on Okta and reduced its price target from $95 to $80, indicating a more cautious outlook.
The lowering of the price target from $95 to $80 by Truist Securities suggests a less optimistic view on Okta's short-term performance. This could lead to a negative sentiment among investors, potentially impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100