Okta Inc. (OKTA)

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Okta (OKTA) PT Raised to $316.00 at KeyCorp
By: MarketBeat | April 23, 2021

Okta (NASDAQ:OKTA) had its target price lifted by KeyCorp from $280.00 to $316.00 in a note issued to investors on Friday, The Fly reports. The brokerage presently has an "overweight" rating on the stock. KeyCorp's target price indicates a potential upside of 14.93% from the company's previous close.

Other analysts have also issued research reports about the company. BTIG Research upgraded Okta from a "neutral" rating to a "buy" rating and set a $280.00 target price on the stock in a research note on Thursday, April 15th. Mizuho reduced their target price on Okta from $305.00 to $255.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 10th. Needham & Company LLC reiterated a "hold" rating on shares of Okta in a research note on Thursday, April 8th. Deutsche Bank Aktiengesellschaft reduced their target price on Okta from $313.00 to $270.00 and set a "buy" rating on the stock in a research note on Monday, March 8th. Finally, Robert W. Baird dropped their price target on Okta from $275.00 to $240.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 10th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the company. The stock currently has a consensus rating of "Buy" and an average price target of $264.19.

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