Citi analyst Fatima Boolani raised the firm’s price target on Okta to $90 from $87 and keeps a Neutral rating on the shares post the fiscal Q2 report. Healthy large deal activity in a still mixed macro environment suggest stabilizing demand fundamentals, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on OKTA:
- Jamf Holding, Okta first to support Apple’s Platform Single Sign-On
- Okta’s growth challenges may not be over, BofA says
- Palantir downgraded, Shopify upgraded: Wall Street’s top analyst calls
- Okta’s (NASDAQ: OKTA) Impressive Q2 Performance Triggers Analyst Applause
- Okta price target raised to $85 from $83 at Macquarie