SharkNinja price target raised to $136 from $127 at Canaccord

Canaccord raised the firm’s price target on SharkNinja (SN) to $136 from $127 and keeps a Buy rating on the shares. The firm updated its model ahead of Q2 results where they checked 83 SharkNinja wholesale doors, including 50 Target locations to analyze popularity, demand, and inventory for the Ninja Swirl by CREAMi and Ninja Crispi and 30 Ulta Beauty locations for the Shark CryoGlow. The survey found that the Ninja Swirl and Ninja Crispi are seeing a strong response in their early days, and said the stock remains a 2025 focus stock that we consider a multi-year compounder appropriate for mid-cap growth and GARP investors alike.