Okta Named a Leader in 2024 Gartner® Magic Quadrant™ for Access Management for Eighth Consecutive Year

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Now is the time 'to get incrementally bullish' on this cybersecurity stock: Bernstein

December 5, 2024 3:00 PM EST

Bernstein 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