Guggenheim raised the firm’s price target on SharkNinja (SN) to $135 from $125 and keeps a Buy rating on the shares after a strong Holiday selling season led to a “solid and broad-based” Q4 beat. Management’s initial 2025 net sales view came in ahead of the company’s traditional range at 10-12%, notes the analyst, who continues to believe that SharkNinja is entering 2025 with “a diversified and highly visible double-digit growth profile.”
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Read More on SN:
- SharkNinja’s Strong Financial Performance and Strategic Outlook Affirm Buy Rating with Increased Price Target
- SharkNinja price target raised to $136 from $129 at Canaccord
- SharkNinja Reports Robust Growth in 2024 Earnings
- SharkNinja’s Strong Performance, Innovation, and International Expansion Drive Buy Rating
- SharkNinja price target raised to $175 from $150 at Jefferies
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