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SharkNinja price target raised to $135 from $125 at Guggenheim

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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