JPMorgan raised Okta’s price target to $121 from $115, maintaining an Overweight rating. The company reported a strong quarter with impressive sales execution. Okta’s price target was also lowered by BMO Capital to $90 from $112, by Morgan Stanley to $110 from $123, and by Susquehanna to $80 from $105. Roth Capital remains positive on Okta’s management tone. Citi lowered Okta’s price target to $100 from $110.
Read more at Yahoo Finance: Okta price target raised to $121 from $115 at JPMorgan
