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Okta: Prospective Investments in Cybersecurity
Okta, Inc. $OKTA+0.4%a leading player in the cybersecurity space, is once again in the spotlight thanks to positive growth prospects and stabilization after recent challenges. Analyst Gray Powell of BTIG estimates that Okta has approximately 33% upside potential at a target price of $128.
Reasons for Optimism
Improved Execution:$OKTA...
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I bought shares of $OTIS+0.7%a few months ago . Otis is the world's leading manufacturer of elevators and escalators. It's a more expensive stock, and it's certainly not cheap, but I can see the potential.
Doesanyone also have shares of $OTIS+0.7%?
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The purchase a few months ago is certainly at a very good price and the position will now be in the black. Nice company. Debt OK, dividend, growth on the horizon.
For a young company, it's not doing badly. So far it looks like it was a covid boom and now investors have sobered up. So the stock is slowly climbing higher.