Okta, Inc. (OKTA) Tops Q1 EPS by 7c, Revenues Beat; Offers FY19 EPS/Revenue Guidance Above Consensus

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Okta, Inc (OKTA) PT Raised to $62 at Deutsche Bank

June 7, 2018 8:51 AM EDT

Deutsche Bank raised its price target on Okta, Inc (NASDAQ: OKTA) to $62.00 (from $56.00) while maintaining a Buy rating after the company reported very strong FQ119 results with billings 13% above street estimates, a 6% beat on revenue, 9% beat on gross profit and better than expected operating... More

Okta, Inc (OKTA) PT Raised to $60 at Oppenheimer

June 7, 2018 7:02 AM EDT

Oppenheimer raised its price target on Okta, Inc (NASDAQ: OKTA) to $60.00 (from $51.00) while maintaining a Outperform rating.

Analyst Shaul Eyal boosts his PT following the company's robust Q1 earnings report. The analyst comments "The company's uninterrupted high-growth momentum illustrates the early-stage... More

Needham & Company Downgrades Okta, Inc (OKTA) to Hold

June 5, 2018 6:09 AM EDT

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... More