SharkNinja price target raised to $68 from $61 at Canaccord

Canaccord raised the firm’s price target on SharkNinja to $68 from $61 and keeps a Buy rating on the shares. The firm said they reported robust Q4 results and powered by two trusted global brands, the company has a track record of bringing disruptive products to market, which has allowed it to enter multiple product categories, driving significant growth and market share gains.