Agentic AI Will Help Okta (OKTA) Register New All-Time Highs

Okta Inc. (NASDAQ:OKTA) is one of the 10 AI Stocks That Are Surging. During the last few trading sessions, Okta Inc. (NASDAQ:OKTA) has seen positive momentum. On June 9, UBS analyst Roger Boyd raised the firm's target price on Okta Inc. (NASDAQ:OKTA) to $150 from $115 and maintained a Buy rating. The upward price target revision reflects a 20% upside from current levels.

On a more bearish note, Mizuho analyst Gregg Moskowitz downgraded Okta Inc. (NASDAQ:OKTA) to Neutral from an Outperform rating but raised his price target to $125 from $110 on June 2. The stark difference in price targets suggests how uncertain the environment is for software stocks at the moment. The analyst believes that while the company could benefit from the growth of agentic AI, much of that potential upside is already reflected in the stock price. As a result, the firm remains doubtful that OKTA can significantly accelerate its growth in the near- to medium-term. On a positive front, the analyst told investors in a research note that Okta Inc. (NASDAQ:OKTA) shares rose sharply by 67% YTD.

Okta Inc. (NASDAQ:OKTA) is an identity and access management company operating in the United States and around the worl

Fuente original: Yahoo Finance (https://finance.yahoo.com/technology/ai/articles/agentic-ai-help-okta-okta-121506674.html)