The Latest Breaking News from Adam Tindle

ServiceNow stock is the IBD Stock of the Day ahead of the enterprise software maker's fourth quarter earnings report.

In the latest quarter, 21 analysts provided ratings for Atlassian (NASDAQ:TEAM), showcasing a mix of bullish and bearish perspectives.

Call it the great Palo Alto Networks guessing game ahead of unusual timing for its earnings report, which is due after the close Friday.

Shares in software maker New Relic surged just before the market close on Wednesday amid buyout speculation.

Shares of Okta Inc (NASDAQ: OKTA) fell in after-hours trading, despite the company reporting a lower-than-expected loss for the second quarter. JMP Securities On Okta

Palo Alto Networks Inc.’s (NASDAQ: PANW) stock climbed Monday after the Santa Clara, California-based company reported strong quarterly earnings and announced a 3-for-1 stock split.

Palo Alto Networks Inc (NASDAQ: PANW) reported revenues and earnings for its fiscal third-quarter ahead of expectations. BofA Securities On Palo Alto Networks: Analyst Tal Liani reiterated a Buy rating and a price target of $650.

Raymond James analyst Adam Tindle downgraded Okta Inc (NASDAQ:OKTA) to Market Perform from Strong Buy and removed his previous $260 price target.  His prior thesis was that Okta could become a "platform cloud," similar to Salesforce.com Inc (NYSE:CRM). However, his channel conversations have suggested a continually disconnected CIAM go-to-market strategy.  Meanwhile, although partners were willing to trust…

Okta stock fell for a second straight day as customers and analysts mulled the cybersecurity firm's response to an alleged data breach involving its systems.