Jefferies Downgrades Okta, Inc (OKTA) to Hold, 'We expect upside will be more muted than in past years'

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Go back to Jefferies Downgrades Okta, Inc (OKTA) to Hold, 'We expect upside will be more muted than in past years'

Okta (OKTA) faces competitive pressure: Mizuho says fundamental questions still remain

January 8, 2024 1:39 PM EST

Mizuho analyst Gregg Moskowitz cut shares of Okta, Inc. (NASDAQ: OKTA) to Neutral from Buy in a note Monday, keeping an $85 per share price target on the stock.

Moskowitz told investors that the firm has decided to move to the sidelines on... More

Jefferies downgrades Okta (OKTA) following security incident

January 5, 2024 10:15 AM EST

Jefferies downgraded Okta, Inc. (NASDAQ: OKTA) to a Hold rating (From Buy) but raised their 12-month price target on the stock to $95.00 after the cybersecurity companys shares reached Jefferies previous $85.00 price target.

The Jefferies analyst considers the new $95 price target as suitable,... More