Okta says hackers stole data for all customer support users in cyber breach

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Okta, Inc (OKTA) PT Lowered to $70 at DA Davidson, 'FY25 Prelim Outlook Well Below'

November 29, 2023 9:44 AM EST

DA Davidson analyst Rudy Kessinger lowered the price target on Okta, Inc (NASDAQ: OKTA) to $70.00 (from $80.00) while maintaining a Neutral rating.

The analyst comments "This morning, OKTA published an update on the recent breach, gave Q3 results & Q4 guidance, & gave a... More

Okta drops 6% after hackers stole data on all customer support users

November 29, 2023 5:39 AM EST

Okta (NASDAQ: OKTA) saw its stock decline more than 6% in early Wednesday trading following the revelation that hackers, who breached the company's network, accessed information on all users of its customer support system.

The impact of the breach is more extensive than initially estimated,... More