Okta Upgraded to Outperform by Raymond James Amid Rising Demand for Identity Security

Raymond James upgraded Okta (OKTA) to Outperform from Market Perform, citing increased demand for identity security due to the growing use of AI agents. The stock rose 6% in early trading following the upgrade.

By Brandon Evans, SA News Editor · Seeking Alpha · April 16, 2026, 13:05 UTC

Tickers: $OKTA

Topics: AI agents analyst upgrade identity security stock rating

Read the full article at Seeking Alpha

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