Okta, Inc (OKTA) PT Raised to $115 at Susquehanna

Susquehanna analyst Shyam Patil raised the price target on Okta, Inc (NASDAQ: OKTA) to $115.00 (from $75.00) while maintaining a Neutral rating.

The analyst commented, "OKTA posted a solid F4Q and raised its FY25 guidance, underpinned by its deal pipeline. We continue to view OKTA as a central player in IAM, with upside potential as it explores PAM and other adjacencies. That said, we are maintaining our Neutral given the near-term uncertainty around the impact of the recent breaches."

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