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Analysts Are Neutral on These Technology Stocks: Marqeta (MQ), Okta (OKTA)

Analysts fell to the sidelines weighing in on Marqeta (MQResearch Report) and Okta (OKTAResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Marqeta (MQ)

KBW analyst Sanjay Sakhrani maintained a Hold rating on Marqeta today and set a price target of $7.00. The company’s shares closed last Wednesday at $7.33.

According to TipRanks.com, Sakhrani is a 5-star analyst with an average return of 12.4% and a 71.0% success rate. Sakhrani covers the Financial sector, focusing on stocks such as Discover Financial Services, Bread Financial Holdings, and Capital One Financial.

Currently, the analyst consensus on Marqeta is a Moderate Buy with an average price target of $7.14.

See Insiders’ Hot Stocks on TipRanks >>

Okta (OKTA)

In a report released today, Shaul Eyal from TD Cowen maintained a Hold rating on Okta, with a price target of $110.00. The company’s shares closed last Wednesday at $87.30.

According to TipRanks.com, Eyal is a top 25 analyst with an average return of 29.5% and a 70.4% success rate. Eyal covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software.

Currently, the analyst consensus on Okta is a Hold with an average price target of $88.58, a 3.0% upside from current levels. In a report issued on February 22, Jefferies also maintained a Hold rating on the stock with a $90.00 price target.

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