SharkNinja price target raised to $120 from $105 at Oppenheimer

Oppenheimer raised the firm’s price target on SharkNinja (SN) to $120 from $105 and keeps an Outperform rating on the shares. Following the firm’s callback with management and the company’s conference call, the firm is lifting its estimates to reflect stronger than expected company mitigation of tariffs in place and continued top-line momentum. Oppenheimer believes the company’s report likely increases investor confidence in management’s ability to navigate any future tariff developments.