Okta price target lowered to $80 from $85 at Scotiabank

Scotiabank lowered the firm’s price target on Okta (OKTA) to $80 from $85 and keeps a Sector Perform rating on the shares. While Q4 results and Q1 guidance were decent, the firm remains on the sidelines given there was nothing in the print signaling a sustained top-line re-acceleration in FY27, the analyst tells investors.