SharkNinja price target raised to $200 from $175 at Jefferies

Jefferies raised the firm’s price target on SharkNinja (SN) to $200 from $175 and keeps a Buy rating on the shares following the Q4 report. The firm’s confidence in SharkNinja’s growth algorithm has increased post the print. The company highlighted momentum across all three of its “growth pillars,” with international scaling faster than expected and U.S. growth sustaining double-digits despite a pressured consumer, the analyst tells investors in a research note. Jefferies sees potential index inclusion as a catalyst for the shares.