Baird lowered the firm’s price target on Okta (OKTA) to $142 from $148 and keeps an Outperform rating on the shares. The firm said they posted a strong beat and raise Q2 results driven by GTM execution.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OKTA:
- Okta price target lowered to $112 from $132 at BMO Capital
- Video: MongoDB, Okta rise after software makers’ earnings beats
- Okta’s Strong Performance and Strategic Moves Bolster Positive Outlook
- Okta price target raised to $115 from $113 at RBC Capital
- Okta’s Strong Performance and Growth Potential Balanced by Competitive Concerns and Product Uncertainty