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Okta price target lowered to $90 from $116 at BTIG

BTIG lowered the firm’s price target on Okta (OKTA) to $90 from $116 and keeps a Buy rating on the shares as part of a broader research note on Security/Infrastructure Software names heading into Q4 results after the firm has compiled insights from field checks with contacts in the security space. Commentary on the broader identity market was encouraging, with strong demand expected into 2026, the analyst tells investors in a research note.

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