Keep an eye on Okta (OKTA), we said on March 3.

At the time, the stock traded around $81 after Cowen analysts upgraded the stock to an outperform rating from market perform, with a $70 price target. Better, the company had just posted better-than-expected results and provided surprisingly upbeat financial forecasts, suggesting companies are still willing to spend money on security-related applications even in a softening economic environment, according to Barron’s.

Looking for a way to generate just as much in a down market as in a raging bull market? click here.

Today, the OKTA stock is up to $85.42 – and could soon refill its bearish gap at $90.

Others are just as bullish with price target upgrades, including BMO Capital, Needham, Stifel, Piper Sandler, DA Davidson, Canaccord, Oppenheimer, JMP Securities, Mizuho, Stephens, Bernstein, and Moffett Nathanson.

Sincerely,

Ian Cooper