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SharkNinja price target lowered to $112 from $136 at Canaccord

Canaccord lowered the firm’s price target on SharkNinja (SN) to $112 from $136 and keeps a Buy rating on the shares. The firm reduced its estimates to reflect tariff impacts from Liberation Day and lowered its target acknowledging that the various moving pieces make it far from an exact science and an educated guess at best. However, they think this will benefit the company and widen its competitive moat in the long run.

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