Okta: From Steady To Catalyst-Loaded (Rating Upgrade)

Core Insights - The analyst previously rated Okta (OKTA) as a Hold due to a lack of immediate catalysts rather than valuation concerns [1] - Since the Hold rating, Okta's stock has declined by 5-10% [1] Company Analysis - Okta's stock performance has been under pressure, indicating potential challenges in the market [1] - The focus on immediate catalysts suggests that investors may need to look for upcoming events or developments that could positively impact the stock [1]