JPMorgan Lifts Okta Price Target to $190 Amid Earnings Beat
Okta's (NASDAQ:OKTA) price target has been raised by JPMorgan Chase & Co. from $165 to $190, a potential upside of 9.96% from its previous close.
This is not the only analyst firm to boost Okta's price objective; Citizens Jmp increased its target to $180 and Sanford C. Bernstein raised it to $143.
The company reported Q2 earnings that exceeded expectations, with revenue of $805 million, up 10.6% year over year.