BTIG analyst Gray Powell maintained a Buy rating on Okta (OKTA – Research Report) yesterday and set a price target of $100.00. The company’s shares closed last Friday at $90.53.
According to TipRanks, Powell is a 5-star analyst with an average return of 9.5% and a 55.51% success rate. Powell covers the Technology sector, focusing on stocks such as A10 Networks, Okta, and Palo Alto Networks.
In addition to BTIG, Okta also received a Buy from Goldman Sachs’s Gabriela Borges in a report issued yesterday. However, on December 22, Canaccord Genuity maintained a Hold rating on Okta (NASDAQ: OKTA).
See today’s best-performing stocks on TipRanks >>
OKTA market cap is currently $14.97B and has a P/E ratio of -31.56.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Okta (OKTA) Company Description:
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.
Read More on OKTA:
