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Okta price target lowered to $85 from $95 at Barclays

Barclays lowered the firm’s price target on Okta (OKTA) to $85 from $95 and keeps an Equal Weight rating on the shares ahead of the company’s earnings report on March 4. The firm models Okta’s fiscal 2027 revenue growth at 8%-9%, but sees a potential guidance range of 9%-10%.

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