Okta Stock Surges On Earnings Beat As AI Drives Identity Product Demand
Licensing
Okta (OKTA) stock surged on Friday after the cybersecurity firm reported first-quarter earnings and revenue that topped consensus estimates while guidance for a key financial metric came in above views. Oppenheimer, RBC Capital and Truist Securities were among investment firms that hiked price targets on Okta stock on Friday. "(Q1) highlights include continued sales productivity gains, encouraging new-product traction, large-deal…
