Raymond James Upgrades Okta to Outperform: Is This Shot Down Cybersecurity Stock a Blockbuster Buy at ?

Raymond James Upgrades Okta to Outperform: Is This Shot Down Cybersecurity Stock a Blockbuster Buy at $60?

Okta (OKTA) earned an upgrade equivalent to Buy from Raymond James to Outperform with an $85 price target, as the identity security company’s net income retention hurdle due to bloated COVID-era contracts is expected to fade as those deals fade over the next three years. Okta’s fundamentals have strengthened (the company achieved its first year…

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