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Jefferies would buy SharkNinja on earnings upside, multiple re-rate

Jefferies analyst Randal Konik reiterated a Buy rating and $200 price target on SharkNinja (SN) after the company reported quarterly results. Product breadth, share gains, global scale, and rising margins reinforce SharkNinja as a durable, compounding growth engine, the analyst tells investors in a research note, adding that the firm sees accelerating North America growth in Q2 and H2. The firm added that it would buy shares for EPS upside and multiple re-rate ahead.

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