Okta price target lowered to $85 from $105 at JPMorgan

Okta price target lowered to $85 from $105 at JPMorgan

JPMorgan revised Okta's price target to $85 from $105 and maintains a Neutral rating, citing growth concerns due to macro factors. Expecting single-digit growth for fiscal 2026, the firm anticipates lower guidance below consensus levels. Reduced estimates reflect prolonged recovery expectations.

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