Okta soars 22% as analysts praise Q3, forecast amid execution struggles

Dec. 01, 2022 10:08 AM ETOkta, Inc. (OKTA)By: Chris Ciaccia, SA News Editor1 Comment

Okta headquarters facade in South of Market districtdistrict

Michael Vi

Okta (NASDAQ:OKTA) shares surged more than 22% on Thursday after the identity access management company posted third-quarter results and guidance, leading to several analysts to praise the company despite its many execution issues.

Morgan Stanley analyst Hamza Fodderwala, who has

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