Okta is trading $153.25 (+4.04%) after Citizens upgraded the stock to Market Outperform from Market Perform and set a $170 price target, citing cybersecurity demand tied to artificial-intelligence threats.
- The target implies approximately 13% upside from August 11’s close.
- The Nasdaq Composite rose 0.99% as softer-than-expected producer inflation eased rate concerns, supporting a broader risk-on session.
- Okta’s next earnings report is scheduled for August 26, 2026.