Goldman Sachs Upgrades Okta, Inc (OKTA) to Buy

March 18, 2019 3:30 AM EDT
Get Alerts OKTA Hot Sheet
Price: $71.99 -0.89%

Rating Summary:
    25 Buy, 15 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 8 | New: 16
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Goldman Sachs analyst Heather Bellini upgraded Okta, Inc (NASDAQ: OKTA) from Neutral to Buy with a price target of $94.00 (from $80.00).

  • Upgrades primarily on upside potential.
  • Believes identify will be key in establishing more robust internal process around access and authentication across IT topologies.
  • Believes company is a leader in Identity and Access management within enterprise.

For an analyst ratings summary and ratings history on Okta, Inc click here. For more ratings news on Okta, Inc click here.

Shares of Okta, Inc closed at $79.21 yesterday.

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Goldman Sachs, Heather Bellini