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Analysts Offer Insights on Technology Companies: Okta (OKTA) and AST SpaceMobile (ASTS)

Tipranks - Tue Apr 21, 4:42AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Okta (OKTA) and AST SpaceMobile (ASTS).

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Okta (OKTA)

In a report released today, Saket Kalia from Barclays upgraded Okta to Buy, with a price target of $90.00. The company’s shares closed last Friday at $72.25, close to its 52-week low of $70.56.

According to TipRanks.com, Kalia is a 4-star analyst with an average return of 3.4% and a 50.4% success rate. Kalia covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Rubrik, Inc. Class A, and Procore Technologies. ;'>

Okta has an analyst consensus of Strong Buy, with a price target consensus of $100.13, a 36.9% upside from current levels. In a report issued on April 11, TipRanks – PerPlexity also upgraded the stock to Buy with a $72.00 price target.

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AST SpaceMobile (ASTS)

William Blair analyst Louie DiPalma maintained a Hold rating on AST SpaceMobile today. The company’s shares closed last Friday at $85.53.

According to TipRanks.com, DiPalma is a 4-star analyst with an average return of 8.2% and a 55.9% success rate. DiPalma covers the Technology sector, focusing on stocks such as Palantir Technologies, Science Applications, and Caci International. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for AST SpaceMobile with a $84.46 average price target, representing a -6.0% downside. In a report issued on April 15, TipRanks – xAI also reiterated a Hold rating on the stock with a $87.00 price target.

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