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JPMorgan raised the firm’s price target on Okta (OKTA) to $140 from $120 and keeps an Overweight rating on the shares as part of an earnings preview The firm cites recent peer multiple expansion for the target increase. The analyst expects a :relatively healthy performance this quarter” for Okta in spite of several headwinds, including seat-based renewal pressure expected to persist through the middle of fiscal 2026. JPMorgan expects the company will continue to see improving sales productivity as we move through fiscal 2026.

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• Okta price target raised to $135 from $110 at Jefferies

• Okta price target raised to $150 from $120 at UBS

• Okta price target raised to $142 from $123 at BTIG

• Okta price target raised to $140 from $130 at Guggenheim

• Okta upgraded to Mixed from Negative view at BWG Global