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Fly News Breaks for October 18, 2018
OKTA
Oct 18, 2018 | 05:51 EDT
Baird analyst Jonathan Ruykhaver last night initiated coverage of Okta with a Neutral rating and $65 price target. The company's multiple is above the high end of the Software-as-a-Service universe range, but this is justified by its growth also being near the high end, Ruykhaver tells investors in a research note.
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