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Citizens Just Upgraded OKTA Ahead of Upcoming Catalysts. How to View OKTA Stock Now.

Okta Citizens Citizens JMP Securities

Okta (OKTA) stock has delivered one of the more striking moves in software this year. Its shares have climbed 93.8% over the past three months. That sharp re-rating has left the stock trading only 2.6% below its recent peak, even as investors continue to debate the durability of the next growth phase.

The latest spark came on Aug. 12, when Citizens JMP Securities upgraded Okta to “Market Outperform”. With Okta scheduled to report fiscal second-quarter results after the close on Aug. 26, the upgrade lands at a moment when the market is especially focused on whether accelerating demand for securing AI agents can sustain the rally.

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