Okta falls 10% after "elevated expectations" amid cautious outlook

1 day ago 1
Okta headquarters facade in South of Market districtdistrict

Michael Vi

Shares of Okta (NASDAQ:OKTA) declined about 10% premarket on Wednesday after the company's outlook was viewed as cautious amid "elevated expectations" by investors.

Morgan Stanley kept its Overweight rating on Okta, which provides secure identity solutions, with a $123 price target.

Recommended For You

More Trending News

Read Entire Article