BTIG Maintains Buy on Okta, Lowers Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Gray Powell maintains a Buy rating on Okta but lowers the price target from $128 to $98.
October 17, 2024 | 5:01 pm
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NEUTRAL IMPACT
BTIG analyst Gray Powell maintains a Buy rating on Okta but lowers the price target from $128 to $98, indicating a more cautious outlook.
The Buy rating suggests continued confidence in Okta's potential, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100