
Barclays Upgrades Okta Stock: AI Fuels Identity Security Demand
Barclays upgraded Okta's stock rating to 'Overweight' and raised its price target to $90, attributing the positive outlook to the growing demand for identity-based security. The primary catalyst identified is the rapid expansion of agentic AI, which necessitates robust identity governance for AI agents operating at scale. Analysts noted that identity management is becoming a top spending priority for CIOs. This bullish sentiment is supported by Okta's reported operational improvements and aligns with broader analyst consensus on the stock.






















