UPDATE: Morgan Stanley Upgrades Okta, Inc (OKTA) to Overweight (correction)

September 28, 2021 2:57 AM EDT
Get Alerts OKTA Hot Sheet
Price: $242.57 -2.98%

Rating Summary:
    22 Buy, 7 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 18 | New: 16
Trade Now! 
Join SI Premium – FREE
(Updated - September 28, 2021 5:02 AM EDT)

Morgan Stanley analyst Keith Weiss upgrades n Okta, Inc (NASDAQ: OKTA) to Overweight (from Equal-weight), PT $315.00 (from $275.00).

The analyst comments "Okta is a share gainer in a growing market for Identity and Access Management. After slower topline over the past year, an improving demand environment and more buy-in with developers should drive stronger growth and upside in estimates going forward. As such, we upgrade OKTA from EW to OW."

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst PT Change, Hot Comments, Upgrades

Related Entities

Morgan Stanley