Stifel Keeps Buy Rating on Okta, Inc. (OKTA)

Core Insights - Okta, Inc. (NASDAQ:OKTA) is recognized as one of the top 10 American AI stocks to buy according to analysts, with Stifel reaffirming a Buy rating and a price target of $130 [1][2] Group 1: Strategic Focus - The discussion highlighted Okta's Identity Security Fabric strategy, emphasizing opportunities in Identity Governance Administration (IGA), Privileged Access Management (PAM), and Customer Identity and Access Management (CIAM) [2] - Okta is developing a new portfolio aimed at securing AI agents, focusing on areas such as detection, provisioning, authorization, governance, and threat response [3] Group 2: Innovation and Product Development - Stifel noted strong innovation within Okta's product portfolio, particularly in the early development of a comprehensive security system for AI agents [3]