Scotiabank analyst Patrick Colville reiterated a Hold rating on Okta (OKTA – Research Report) today and set a price target of $110.00. The company’s shares closed yesterday at $87.30.
According to TipRanks, Colville is a 3-star analyst with an average return of 2.6% and a 51.72% success rate. Colville covers the Technology sector, focusing on stocks such as Okta, Informatica, and Check Point.
In addition to Scotiabank, Okta also received a Hold from KeyBanc’s Eric Heath in a report issued today. However, on the same day, Needham maintained a Buy rating on Okta (NASDAQ: OKTA).
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OKTA market cap is currently $14.43B and has a P/E ratio of -30.44.
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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.
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