Okta Q4 execution strong, says RBC Capital
RBC Capital keeps the Outperform rating and $108 price target on Okta (OKTA) after its Q4 results. The company’s execution was strong and gives the firm confidence that accelerated hiring could point to revenue and CRPO upside, the analyst tells investors in a research note. RBC adds it remains constructive on the opportunity and believes the agentic opportunity could yield upside throughout FY/27 as early traction remains encouraging.
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