Okta is trading 4.1% higher at $203.09, alongside Citizens’ higher price target, which cited demand for AI security.
- Citizens raised its target to $225 from $180 and maintained an Outperform rating.
- The report does not explicitly link the target increase to Okta’s intraday gain; broader markets are under pressure amid rising oil prices and Treasury yields.
- Okta rebounded from Friday’s $195.19 close, following that session’s 5.54% decline.