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This Okta Analyst Turns Bullish; Here Are Top 3 Upgrades For Monday

benzinga_article
Aug 17, 2026 at 02:03 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Wall Street analysts upgraded three stocks: Deutsche Bank upgraded PennyMac Mortgage (PMT) to Buy with a $12 target; Northland Capital Markets upgraded Astera Labs (ALAB) to Outperform with a $350 target; and Wells Fargo upgraded Okta (OKTA) to Overweight, raising its price target from $150 to $180.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Deutsche Bank analyst Mark Devries upgraded PennyMac Mortgage Investment Trust (NYSE:PMT) from Hold to Buy and maintained the price target of $12. PennyMac Mortgage closed at $9.45 on Friday. See how other analysts view this stock.
  • Northland Capital Markets analyst Gus Richard upgraded Astera Labs Inc (NASDAQ:ALAB) from Market Perform to Outperform and announced a $350 price target. Astera Labs shares closed at $321.61 on Friday. See how other analysts view this stock.
  • Wells Fargo analyst Richard Poland upgraded Okta Inc (NASDAQ:OKTA) from Equal-Weight to Overweight and raised the price target from $150 to $180. Okta closed at $147.43 on Friday. See how other analysts view this stock.

Considering buying ALAB stock? Here’s what analysts think:

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