DA Davidson Maintains Neutral on Okta, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Rudy Kessinger maintains a Neutral rating on Okta and lowers the price target from $85 to $75.
October 17, 2024 | 6:19 pm
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NEGATIVE IMPACT
DA Davidson has maintained a Neutral rating on Okta and reduced the price target from $85 to $75, indicating a less optimistic outlook.
The reduction in price target from $85 to $75 by DA Davidson suggests a less optimistic view on Okta's future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100