Piper Sandler lowered the firm’s price target on Okta (OKTA) to $82 from $100 given multiple compression across the space, while keeping a Neutral rating on the shares. Beats across guided metrics and initial 2027 top-line growth coming in slightly ahead of Street finished off what was a stable year of execution for Okta, the firm says.
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Read More on OKTA:
- Okta price target lowered to $95 from $120 at Stephens
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- Okta price target lowered to $101 from $110 at Morgan Stanley
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