BofA analyst Alexander Perry raised the firm’s price target on SharkNinja (SN) to $130 from $125 and keeps a Buy rating on the shares. SharkNinja sell-through was up 16.6% and 12.6% for the weeks ending 6/21 and 6/28, respectively, according to data from Nielsen, above the Q2 total growth of 8.7%, the analyst tells investors in a research note. SharkNinja continues to gain market share in its respective categories, outperforming by over 5pts in Q2 quarter-to-date, the firm says.
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