Scotiabank analyst Patrick Colville raised the firm’s price target on Okta (OKTA) to $115 from $109 and keeps a Sector Perform rating on the shares. After a “very strong” end to the year, the firm is reiterating its rating on the stock following Q1 results that were “less exciting,” the analyst tells investors. The firm believes there is a lot to love about this company given the strong competitive positioning in Workforce, but remains on the sidelines for now.
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