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Wajeeh Khan

Okta Is Pushing Higher. Should You Chase the Rally in OKTA Stock After Earnings Here?

Okta DA Davidson

Okta (OKTA) shares moved about 10% higher on March 5 as the company's market-beating Q4 overshadowed its muted guidance for the current quarter. The company posted revenue of $761 million and earnings per share (EPS) of $0.90, making D.A. Davidson analysts reiterate their “Buy” rating on OKTA with a $110 price target. 

Despite post-earnings surge, Okta stock remains down more than 15% versus its year-to-date high. 

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