Canaccord Genuity Maintains Hold on Okta, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Hold rating on Okta, while lowering the price target from $90 to $82.
October 18, 2024 | 2:29 pm
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Canaccord Genuity has maintained a Hold rating on Okta, while lowering the price target from $90 to $82.
The lowering of the price target from $90 to $82 by Canaccord Genuity suggests a less optimistic 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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100