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Okta price target lowered to $105 from $125 at Jefferies

Jefferies analyst Joseph Gallo lowered the firm’s price target on Okta (OKTA) to $105 from $125 and keeps a Buy rating on the shares. The firm’s survey of resellers showed consistency quarter-over-quarter, says the analyst, who sees upside to top-line results aided by stabilized go-to-market and early Agentic tailwinds.

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