Roth Capital initiated coverage of Okta (OKTA) with a Buy rating and $119 price target As a leader in the Identity space with Identity and Access Management, Identity Governance and Administration and Privileged Access Management offerings, Okta’s momentum had been impacted by numerous headwinds – including sales execution issues and security incidents- but the firm believes that the impact from these issues is abating and momentum should improve, the analyst tells investors.
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