Needham & Company downgraded Okta, Inc (NASDAQ: OKTA) from Buy to Hold.

Ananlyst Alex Henderson continues to like the name but feels a a Buy is unwarranted given the current valuation.

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 $57.36 yesterday.