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Okta +5% as Berenberg sees new upside

Apr. 09, 2019 12:24 PM ETOkta, Inc. (OKTA) StockOKTABy: Brandy Betz, SA News Editor10 Comments
  • Okta (NASDAQ:OKTAgains 5% after Berenberg says the company's new advanced server access products are a key growth driver that will open a new market and expand "the opportunity for every account."
  • The firm left Okta's recent user conference "confident that this is only the early phase of large enterprise adoption of the Okta platform."
  • Rating maintained at Buy with a $92 PT.
  • Previously: Okta +4% on analyst day praise (April 3)
  • Previously: Okta gains on new Street-high target (April 4)

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