Canaccord analyst Brian McNamara said the U.S. trade deal which was announced with Vietnam removes signficant uncertainty with SharkNinja (SN) shares. When tariffs were announced with China, SharkNinja diversified its manufacturing with Vitnam the go-to place. Management continues to expect 90% of its U.S. volume will be sourced outside of China by the end of Q2 and nearly all by the end of 2025. Canaccord views SharkNinja as a multi-year compounder and reiterate its Buy rating and $127 price target on the shares.
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