In a report released today, Patrick Walravens from JMP Securities maintained a Hold rating on Okta (OKTA – Research Report). The company’s shares closed last Thursday at $256.18.
According to TipRanks.com, Walravens is a top 100 analyst with an average return of 30.2% and a 71.4% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Qualtrics International, and Cornerstone Ondemand.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Okta with a $295.00 average price target, which is a 17.5% upside from current levels. In a report released yesterday, Mizuho Securities also reiterated a Hold rating on the stock with a $290.00 price target.
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The company has a one-year high of $294.00 and a one-year low of $199.08. Currently, Okta has an average volume of 1.44M.
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Okta, Inc. provides identity management services to enterprises. Its products include Single Sign-On, Adaptive Multi-Factor Authentication, Mobility Management, Lifecycle Management, Universal Directory, API access management, API products and integration network services.
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