As previously reported, BofA initiated coverage of SharkNinja (SN) with a Buy rating and $90 price target, calling the company a “disruptive innovator” that it sees being poised to win more market share. The firm expects SharkNinja’s data driven approach to innovation to lead to gains in new and existing categories and shelf space expansion at retailers including Amazon (AMZN), Walmart (WMT) and Costco (COST), the analyst tells investors.
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