BofA suggests Okta's previous challenges have eased and its ...
BofA suggests Okta's previous challenges have eased and its FY25 guidance could lead to a positive rerating of the stock. The bank also believes Okta's guidance is conservative and likely to be revised upwards. The breach didn't affect Q4 pipeline or close rates, and FY25 pipeline is stronger than FY24.
Okta Surges 20% After BofA Upgrades on FY25 Likely Being Year of 'Beat & Raise'
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment