Analysts fell to the sidelines weighing in on Seagate Tech (STX – Research Report) and Okta (OKTA – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Seagate Tech (STX)
Deutsche Bank analyst Sidney Ho maintained a Hold rating on Seagate Tech yesterday and set a price target of $88.00. The company’s shares closed last Wednesday at $79.57.
According to TipRanks.com, Ho is a 5-star analyst with an average return of 27.0% and a 62.2% success rate. Ho covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Smart Global Holdings, and Dell Technologies.
Seagate Tech has an analyst consensus of Moderate Buy, with a price target consensus of $99.00, implying a 25.0% upside from current levels. In a report issued on October 5, Morgan Stanley also downgraded the stock to Hold with a $88.00 price target.
Mizuho Securities analyst Gregg Moskowitz reiterated a Hold rating on Okta yesterday and set a price target of $290.00. The company’s shares closed last Wednesday at $247.20.
According to TipRanks.com, Moskowitz is a top 25 analyst with an average return of 29.8% and a 77.4% success rate. Moskowitz covers the Technology sector, focusing on stocks such as Ping Identity Holding, CrowdStrike Holdings, and Palo Alto Networks.
Okta has an analyst consensus of Strong Buy, with a price target consensus of $295.00.
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