Agentic AI growth will give this cybersecurity stock a big boost, Raymond James says
Published on 16/04/2026 05:39 PM
Agentic AI growth will give this cybersecurity stock a big boost, Raymond James saysRaymond James upgrades Okta to outperform with $85 target, citing agentic AI driven identity security demand, expansion into IGA and PAM, and easing revenue headwindsBy CNBC Pro | Liz Napolitano April 16, 2026, 5:39:27 PM IST (Published)Okta could have room to run as a potential rise in agentic artificial intelligence boosts business for the security software firm, according to Raymond James.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers