Deutsche Bank revises cybersecurity stocks: upgrades SentinelOne, cuts Okta

Investing.com11-12

Investing.com -- Deutsche Bank (ETR:DBKGn) on Tuesday made adjustments to its ratings on cybersecurity stocks, upgrading SentinelOne (NYSE:S) and downgrading Okta (NASDAQ:OKTA). Shares in SentinelOne ...

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href=https://finance.yahoo.com/news/deutsche-bank-revises-cybersecurity-stocks-140436288.html><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investing.com -- Deutsche Bank (ETR:DBKGn) on Tuesday made adjustments to its ratings on cybersecurity stocks, upgrading SentinelOne (NYSE:S) and downgrading Okta (NASDAQ:OKTA).\nShares in SentinelOne ...</p>\n\n<a href=\"https://finance.yahoo.com/news/deutsche-bank-revises-cybersecurity-stocks-140436288.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DB","symbol_name":"德意志银行","start_time":0,"source_url":"https://finance.yahoo.com/news/deutsche-bank-revises-cybersecurity-stocks-140436288.html","article_id":"2482088852","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482088852","pubTimestamp":1731420276,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Investing.com -- Deutsche Bank  on Tuesday made adjustments to its ratings on cybersecurity stocks, upgrading SentinelOne  and downgrading Okta .Shares in SentinelOne rose 2.3% in premarket trading Tuesday, while Okta fell 1.5%.SentinelOne was raised to Buy from Hold, with a new price target set at $32 from the previous $25.The upward revision comes as SentinelOne is seen benefiting from market dynamics and a strong product offering, particularly following the CrowdStrike-induced outage in the endpoint market on July 19.“Our channel conversations have definitively up-ticked post the July Windows outage which is creating more opportunities along with a platform and technology story that is only getting better,” Deutsche analysts led by Brad Zelnick said in a note.“While mindful these benefits will likely accrue over time, we see a path for SentinelOne to capitalize on its platform strengths centered on AI-powered technology and high-growth sub-segments as customers distinguish the archi","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"DB":"德意志银行","OKTA":"Okta Inc.","S":"SentinelOne, Inc"},"translate_title":"德意志银行修改网络安全股票：升级SentinelOne，削减Okta","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DB":1,"S":1,"OKTA":0.9},"content_text":"Investing.com -- Deutsche Bank (ETR:DBKGn) on Tuesday made adjustments to its ratings on cybersecurity stocks, upgrading SentinelOne (NYSE:S) and downgrading Okta (NASDAQ:OKTA).\nShares in SentinelOne rose 2.3% in premarket trading Tuesday, while Okta fell 1.5%.\nSentinelOne was raised to Buy from Hold, with a new price target set at $32 from the previous $25.\nThe upward revision comes as SentinelOne is seen benefiting from market dynamics and a strong product offering, particularly following the CrowdStrike-induced outage in the endpoint market on July 19.\n“Our channel conversations have definitively up-ticked post the July Windows outage which is creating more opportunities along with a platform and technology story that is only getting better,” Deutsche analysts led by Brad Zelnick said in a note.\n“While mindful these benefits will likely accrue over time, we see a path for SentinelOne to capitalize on its platform strengths centered on AI-powered technology and high-growth sub-segments as customers distinguish the architectural differences amongst vendors and the risks of vendor concentration,” they added.\nAnalysts anticipate SentinelOne's net new annual recurring revenue (NNARR) in the fiscal 2026 year (FY26) to grow by 15% year-over-year, compared to the consensus estimate of 10%.\nIn contrast, Okta's rating was downgraded to Hold from Buy due to a mixed reception from customers and competitive challenges.\nZelnick and his team suggest that Okta may face a longer road to value realization, potentially becoming more attractive later into the next year. Concerns include macro-driven headwinds, security breaches, and competition impacting customer expansion and new acquisitions.\nAs a result, analysts believe Wall Street estimates for the stock “are likely too high for next year,” prompting them to reduce their FY26E Subscription revenue growth estimate for Okta to 8% year-over-year versus the Street's 10.5%.\nAlongside the downgrade, Okta's price target was lowered to $85 from $115.\nRelated Articles\nDeutsche Bank revises cybersecurity stocks: upgrades SentinelOne, cuts Okta\nMeta to offer less personalized ads in Europe to appease regulators\nSoftBank books $7.7 billion quarterly gain as Vision Fund finds its feet again","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482088852"}