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Barchart
Wajeeh Khan

Okta Stock Just Hit a New 3-Year High on Earnings Rally. How You Should Play the Surge.

Okta Matthew Hedberg RBC Capital Markets

Okta (OKTA) shares soared and printed a new three-year high this morning after the identity-security firm reported market-beating financials for its Q2 and raised guidance for the full-year.

The blockbuster earnings release prompted RBC Capital Markets raise its price target on OKTA to $195, indicating potential upside of over 15% from current levels.

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