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Fly News Breaks for April 3, 2019
OKTA
Apr 3, 2019 | 07:10 EDT
Canaccord analyst Richard Davis maintained a Buy rating on Okta and raised his price target to $95 from $85 following an investor briefing at the company's annual user conference. Davis says Okta is "OK to own and buy," but believes the stock is at the high end of a reasonable range of a valuation even based on stretch assumptions.
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