Why Okta Stock Trounced the Market Today

·2 min read
Why Okta Stock Trounced the Market Today

Probably not quite yet, but on Wednesday, Okta (NASDAQ: OKTA) shareholders could be forgiven for thinking otherwise. The company set a price target of $145 per share for Okta, which is a rich 76% above the latest closing price. Although analysts are generally bullish on Okta's prospects, they have become notably more cautious lately.

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