No. of Recommendations: 14
Here are five analyst recommendations from this morning.

Guggenheim analyst Imtiaz Koujalgi raised the price target on Okta, Inc (NASDAQ: OKTA) to $152.00 (from $125.00) while maintaining a Buy rating.

Oppenheimer analyst Shaul Eyal raised the price target on Okta, Inc (NASDAQ: OKTA) to $140.00 (from $130.00) while maintaining a Outperform rating.
The analyst commented, "OKTA reported strong F2Q20 results that handily beat Street estimates (revenue, margins, EPS, billings, FCF). Guidance for FY20 was revised higher again. The following factors support the strength realized by OKTA: 1) Fortune 500 enterprises are adopting its solutions as part of their digital transformation and cloud migration strategy. 2) Additional uses-cases targeting customers at large scale (>100K) users are driving new revenue opportunities. 3) New products like Access Gateway and Advanced Server Access are enabling OKTA Identity Cloud to extend to on-premise apps. As a result, we are raising our FY20 estimates and believe OKTA remains at the early stages of a sizable TAM opportunity especially with large organizations migrating workloads to the cloud. Raising PT from $130 to $140."

Canaccord Genuity analyst Richard Davis raised the price target on Okta, Inc (NASDAQ: OKTA) to $145.00 (from $125.00) while maintaining a Buy rating.

Piper Jaffray analyst Andrew Nowinski raised the price target on Okta, Inc (NASDAQ: OKTA) to $160.00 (from $120.00) while maintaining a Overweight rating.

In a report released today, Jonathan Ruykhaver from Robert W. Baird maintained a Hold rating on Okta Inc (OKTA – Research Report).
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.