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OKTA

Okta

$121.21 /

+3.76 (+3.20%)

17:51
11/18/19
11/18
17:51
11/18/19
17:51

Okta pullback represents 'good entry point,' says DA Davidson

As reported earlier, DA Davidson analyst Andrew Nowinski upgraded Okta to Buy from Neutral and raised his price target on the shares to $135 from $131. Nowinski said that while shares have declined 24% since the end of July, he believes the pullback represents a "good entry point" to get into one of the top Software-as-a-Service growth stocks. The analyst added that he believes the stock is capable of generating over 30% growth for the next four-plus years, combined with a free cash flow margin of 20% or higher.

  • 05

    Dec

  • 16

    Dec

OKTA Okta
$121.21 /

+3.76 (+3.20%)

11/08/19 PIPR
Okta assumed with an Overweight at Piper Jaffray
11/18/19 ADAM
Okta downgraded to Hold from Buy at Canaccord
11/18/19 ADAM
Okta downgraded to Hold at Canaccord
11/18/19 DADA
Okta upgraded to Buy from Neutral at DA Davidson

TODAY'S FREE FLY STORIES

General news
U.S. December existing home sales rebounded 3.6% to 5.540 M » 10:10
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Hot Stocks
Amazon Music announces global customers have topped 55M » 10:09
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Amazon Music announced…

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Periodicals
Xiaomi launches direct Peloton competitor in China for $145, GizmoChina reports » 10:07
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General news
Existing Home Sales data reported » 10:04
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Hot Stocks
FDA publishes CRL sent to Sarepta in August 2019 » 10:04
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Periodicals
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Conference/Events
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Associated Capital

$63.50 /

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Cango falls -5.8% » 10:00
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Cango

$7.83 /

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$37.63 /

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$19.56 /

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Express rises 25.3% » 10:00
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Conference/Events
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$2.80 /

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Community Trust reports Q4 net interest margin 3.55% » 09:58
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Conference/Events
UBS alternative energy analyst to hold an analyst/industry conference call » 09:57
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09:57
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Utility, Power,…

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Earnings
Community Trust reports Q4 EPS 90c, one estimate 83c  09:57
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CTBI

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$45.05 /

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Options
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Hot Stocks
Stanley Black & Decker lowers threshold requirement to call special meeting » 09:55
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Stanley Black & Decker

$169.92 /

+ (+0.00%)

In a regulatory filing…

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Conference/Events
Senate Commerce, Science & Transportation Committee to hold a hearing » 09:55
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The Committee holds a…

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Conference/Events
UBS tech/retail analysts to hold an analyst/industry conference call » 09:53
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09:53
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Services/Retail Analyst…

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Hot Stocks
Fairway Market says 'no intention to file for chapter 7' or liquidate stores » 09:51
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FWM

Fairway Group

$0.00 /

+ (+0.00%)

In a tweet to its…

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Hot Stocks
Profound Medical Corporation trading resumes  09:50
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PROF

Profound Medical

$12.50 /

+ (+0.00%)

 
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  • 22
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