SharkNinja Emerges As A Strong Buy: Analyst Forecasts Growth Amid Strategic Innovations

BofA Securities' Alexander Perry initiated coverage on SharkNinja with a Buy rating and a $90.00 price target. Perry highlighted the company's robust growth potential, driven by its data-driven innovation and market expansion. SharkNinja's plans to launch 25 new products annually, along with expanding shelf space at major retailers like Amazon, Walmart, and Costco, are expected to bolster its market share.