Morgan Stanley Resets Okta Stock Price Target For Rest of Year

This article first appeared on GuruFocus. Okta (NASDAQ:OKTA) picked up a fresh bullish call qfrom Morgan Stanley after the cybersecurity company's recent investor event strengthened the bank's conviction in its exposure to securing AI agents. Morgan Stanley (NYSE:MS) analyst Meta (NASDAQ:META) Marshall raised her price target on Okta to $245 from $200 while reiterating an Overweight rating. Is OKTA fairly valued? Test your thesis with our free DCF calculator.OKTA GF Value chart The stock has already surged roughly 140% in 2026, but Marshall still sees room for additional gains as enterprises confront a new cybersecurity challenge: managing the identities and permissions of autonomous AI agents.