Barclays lowered the firm’s price target on Okta (OKTA) to $95 from $112 and keeps an Equal Weight rating on the shares ahead of the earnings report on December 2. The firm models Q3 remaining performance obligation growth of 10% year-over-year, but thinks an upside scenario could be 13% growth
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Read More on OKTA:
- Okta initiated with a Buy at Berenberg
- Okta price target lowered to $110 from $120 at Mizuho
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- Hold Rating for Okta Amid Strategic Focus on AI and Identity Security, Despite Competitive Challenges
