SharkNinja price target raised to $115 from $100 at Jefferies

Jefferies raised the firm’s price target on SharkNinja to $115 from $100 and keeps a Buy rating on the shares. The company’s Q2 results came in ahead of estimates as its brands continue to garner global appeal, the analyst tells investors in a research note. The firm is “incrementally bullish” on SharkNinja’s near-, medium- and long-term prospects. Jefferies likes the company’s innovation flywheel and diversified business model.