Baird Maintains Outperform on Okta, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Shrenik Kothari maintains an Outperform rating on Okta but lowers the price target from $105 to $95.
October 18, 2024 | 5:07 pm
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NEUTRAL IMPACT
Baird analyst Shrenik Kothari maintains an Outperform rating on Okta but lowers the price target from $105 to $95.
The Outperform rating suggests continued confidence in Okta's performance, but the lowered price target indicates a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100