Information Provided By:
Fly News Breaks for December 10, 2018
OKTA
Dec 10, 2018 | 07:18 EDT
Deutsche Bank analyst Gray Powell reiterates a Buy rating on Okta after meeting with Alex Salazar, the company's VP of Product Strategy and Catherine Buan, head of investor relations. The analyst says the insights he picked up on demand trends were "positive on multiple fronts" and that he came away with a "high degree of confidence" in the company's drivers of long-term growth. Okta is well on-track to grow revenue in excess of 50% in fiscal 2019, Powell tells investors in a research note. Further, he feels "very confident" in the company's forecasts for fiscal 2020 that call for growth of 30%-33% year-over-year.
News For OKTA From the Last 2 Days
There are no results for your query OKTA