Okta shares rise after Needham raises price target to $230
Needham lifted its Okta price target to $230 from $200 and kept a Buy rating, citing upcoming AI-related product developments; shares rose nearly 5% on Monday.
Okta shares rose nearly 5% Monday after Needham lifted its price target to $230 from $200 and kept a Buy rating, with the firm citing upcoming product developments around artificial intelligence. Needham analyst Mike Cikos said the company’s Oktane 2026 conference, which begins…