Morgan Stanley analyst Meta Marshall says Okta (OKTA) offered enough at its recent Investor Summit for him to raise the price target on the identity and access management (IAM) specialist. In a research note this morning, Marshall maintained an “Overweight” rating on OKTA and increased the price objective to $245, indicating potential upside of nearly 24% from here.
His bullish research note is being welcomed as Okta stock has already more than doubled since the start of 2026.