15 AI News and Ratings Grabbing Investor Attention

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14. Okta, Inc. (NASDAQ:OKTA)

Market Capitalization: $13 Billion

Okta, Inc. (NASDAQ:OKTA) owns and runs an identity management platform. One of the premier products of the firm is Identity Threat Protection, powered by Okta AI. Per the company, Okta AI is a mixture of machine learning and GenAI algorithms. The company is also working on a governance analyzer that suggests identity solutions for a company based on their policy setups. Last week, Morgan Stanley lowered the price target on Okta to $92 from $100 and kept an Equal Weight rating on the shares after Okta announced that it discovered a vulnerability where organizations without multi-factor authentication and usernames with 52 characters or more could allow its users to log in without a password being entered. The online and press reaction has not been favorable given multiple security incidents from Okta in the last couple of years, but the advisory thinks the impact of this vulnerability is likely minimal.

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