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SharkNinja price target raised to $83.50 from $76 at UBS

UBS analyst Rennie Pan raised the firm’s price target on SharkNinja to $83.50 from $76 and keeps a Buy rating on the shares. SharkNinja Q1 results beat expectations and UBS expects the strong U.S. sales momentum to last into Q2, driven by new products, and continuous channel restocking.

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