Form 4 Okta, Inc. For: Dec 02 Filed by: Kerrest Jacques Frederic
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Now is the time 'to get incrementally bullish' on this cybersecurity stock: Bernstein
December 5, 2024 3:00 PM ESTBernstein upgraded a cybersecurity name to Outperform on Thursday, citing improved growth expectations and a favorable valuation.
The stock in question is Okta, Inc. (NASDAQ: OKTA). The analysts point to a "show me" story, stating that it could break the company out of its range-bound trading.
While growth was previously constrained by post-COVID adjustments,... More
Bernstein SocGen Group Upgrades Okta, Inc (OKTA) to Outperform, 'We think the time is right to get incrementally bullish'
December 5, 2024 5:59 AM ESTBernstein SocGen Group analyst Peter Weed upgraded Okta, Inc (NASDAQ: OKTA) from Market Perform to Outperform with a price target of $129.00 (from $123.00).
The analyst comments "We think the time is right to get incrementally bullish on Okta. When we initiated originally in mid-2022 at... More
