SharkNinja Started With Buy at Jefferies, Shares Gain 4%
<p>Jefferies analysts initiated coverage on <a href='https://financialmodelingprep.com/financial-summary/SN'>SharkNinja (NYSE:SN)</a> with a Buy rating and a price target set at $67. As a result, shares gained more than 4% pre-market today. The analysts highlighted SharkNinja's promising position in the market, driven by its global rapid innovation and commercialization strategy. </p>
<p>They believe that this unique approach will enable SharkNinja to not only strengthen its foothold in existing product categories but also explore new ones.</p>
<p>The analysts are optimistic about SharkNinja's potential for market expansion, citing the company's rapidly growing portfolio of brands and its successful international expansion efforts. They predict substantial top-line growth opportunities and a rising profit margin for the company.</p>

NYSE:SN