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Okta (OKTA) Receives a Buy from Roth MKM

Tipranks - Tipranks - Fri Mar 6, 10:30AM CST

In a report released today, Imtiaz Koujalgi from Roth MKM maintained a Buy rating on Okta, with a price target of $119.00.

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According to TipRanks, Koujalgi is a 4-star analyst with an average return of 13.6% and a 57.65% success rate. Koujalgi covers the Technology sector, focusing on stocks such as Fortinet, Zscaler, and Okta.

In addition to Roth MKM, Okta also received a Buy from Stephens’s Todd Weller CFA in a report issued today. However, on the same day, TipRanks – Anthropic reiterated a Hold rating on Okta (NASDAQ: OKTA).

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Based on Okta’s latest earnings release for the quarter ending January 31, the company reported a quarterly net profit of $63 thousand. In comparison, last year the company earned a revenue of $682 million and had a net profit of $23 million

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