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Analysts Offer Insights on Technology Companies: Okta (OKTA) and Singapore Technologies Engineering (OtherSGGKF)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Okta (OKTAResearch Report) and Singapore Technologies Engineering (SGGKFResearch Report).

Okta (OKTA)

Bank of America Securities analyst Tal Liani reiterated a Sell rating on Okta today and set a price target of $64.00. The company’s shares closed last Wednesday at $71.44.

According to TipRanks.com, Liani is a 4-star analyst with an average return of 6.9% and a 53.9% success rate. Liani covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CommScope Holding.

Currently, the analyst consensus on Okta is a Moderate Buy with an average price target of $87.46, a 22.3% upside from current levels. In a report released today, MoffettNathanson also maintained a Sell rating on the stock with a $85.00 price target.

See the top stocks recommended by analysts >>

Singapore Technologies Engineering (SGGKF)

RHB Capital analyst Shekhar Jaiswal maintained a Buy rating on Singapore Technologies Engineering on February 27 and set a price target of S$4.10. The company’s shares closed last Tuesday at $2.64.

According to TipRanks.com, Jaiswal is a 2-star analyst with an average return of 1.5% and a 52.6% success rate. Jaiswal covers the Financial sector, focusing on stocks such as Oversea-Chinese Banking, Singapore Exchange, and DBS Group Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Singapore Technologies Engineering with a $3.05 average price target, representing a 15.5% upside. In a report issued on February 26, Maybank also maintained a Buy rating on the stock with a S$4.10 price target.

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