Needham analyst Alex Henderson raised his price target on Okta to $154 and kept his Buy rating after his visit to the company's facilities in San Francisco. The analyst contends that the company's business looks strong, and the momentum coming out of its OKTANE19 user conference where the management announced new features and capabilities continues driving robust growth. Henderson adds that he sees Okta as one of the "critical elements in any security posture legacy perimeter defense" or Zero-Trust architecture that safeguards users, applications, and data.