Needham lifts Okta price target to $200, keeps Buy rating
Needham raised its price target on Okta to $200 from $140 and kept a Buy rating, citing rising demand across its identity products after the company’s fiscal second-quarter results that beat expectations.
Okta NASDAQ:OKTA is drawing renewed attention from Wall Street after Needham lifted its price target to $200 from $140 and kept a Buy rating, pointing to rising demand across the company's identity products.The higher target follows Okta's fiscal second-quarter results, which beat expectations on b…