US Top News and Analysis | Buy this cybersecurity stock as agentic AI grows, Barclays says

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Barclays has upgraded its rating on cybersecurity firm Okta to overweight and raised its price target to $90 (from $85), indicating about a 25% upside from the latest close. The bank’s analysts cite a surge in demand for identity‑based security solutions driven by the rise of “agentic” artificial intelligence, which creates new identity‑management challenges for both humans and AI bots. Okta’s recent improvements in customer acquisition, execution, and channel engagement, along with limited product availability, have positioned it to capture more deals in this expanding market. The recommendation aligns with broader analyst sentiment, as most covering the stock are bullish, and follows similar upgrades from other firms such as Raymond James.

Read more: https://www.cnbc.com/2026/04/20/buy-this-cybersecurity-stock-as-agentic-ai-grows-barclays-says.html

#Barclays #Okta #SaketKalia #RaymondJames #agenticAI

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