DA Davidson analyst Rudy Kessinger upgraded Okta (OKTA) to Buy from Neutral with a price target of $125, up from $90. The company reported “very strong” Q4 results and meaningfully raised its fiscal 2026 guidance, the analyst tells investors in a research note. The firm says Okta’s sales productivity reached a multi-year high, enterprise and channel contribution are picking up, and its newer products are contributing more meaningfully. The company’s double-digit growth “now seems durable,” contends DA.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OKTA:
- Okta’s Exceptional Performance and Growth Potential Leads to Buy Rating Upgrade
- Okta’s Strong Performance and Future Potential Drive Buy Rating
- Okta Reports Strong Q4 and Fiscal 2025 Results
- Closing Bell Movers: Okta spikes 15% on earnings beat and outlook
- Okta Earnings: Shares Surge after Stellar Q4 Results