Bernstein raised the firm’s price target on Okta (OKTA) to $134 from $129 and keeps an Outperform rating on the shares. The firm notes Okta’s Q4 finally showed subscription revenue growth starting to inflect up, reaching 11.5% year-over-year, a nice $12M beat vs. midpoint guide.
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Read More on OKTA:
- Okta price target lowered to $95 from $120 at Stephens
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