BMO Capital raised the firm’s price target on Okta (OKTA) to $135 from $130 and keeps a Market Perform rating on the shares ahead of its Q1 results later this month. The firm believes Okta will generate a few points of revenue upside vs. consensus for the April quarter, though it is less confident upside will be rolled into guidance, the analyst tells investors in a research note. BMO adds that it believes FY26 consensus revenue estimates “appear reasonable”.
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