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Analysts Offer Insights on Technology Companies: Okta (OKTA) and Docebo (DCBO)

Tipranks - Sat Feb 28, 12:04PM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Okta (OKTAResearch Report) and Docebo (DCBOResearch Report) with bullish sentiments.

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Okta (OKTA)

D.A. Davidson analyst Rudy Kessinger reiterated a Buy rating on Okta yesterday. The company’s shares closed last Friday at $71.61, close to its 52-week low of $70.56.

According to TipRanks.com, Kessinger is a 4-star analyst with an average return of 5.3% and a 46.6% success rate. Kessinger covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Rubrik, Inc. Class A, and Palo Alto Networks. ;'>

Okta has an analyst consensus of Moderate Buy, with a price target consensus of $111.60, a 53.4% upside from current levels. In a report issued on February 17, KeyBanc also maintained a Buy rating on the stock with a $115.00 price target.

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Docebo (DCBO)

Craig-Hallum analyst George Sutton maintained a Buy rating on Docebo today. The company’s shares closed last Friday at $18.43.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 22.2% and a 48.1% success rate. Sutton covers the Technology sector, focusing on stocks such as DeFi Development Corporation, Applied Digital Corporation, and Core Scientific Inc. ;'>

Docebo has an analyst consensus of Strong Buy, with a price target consensus of $34.02, an 84.1% upside from current levels. In a report released today, Needham also reiterated a Buy rating on the stock with a $31.00 price target.

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