SharkNinja stock soars after receiving $175 price target, up 150% since 2023 IPO.
SharkNinja received a $175 price target from Jefferies, leading to an 11% stock increase on Thursday, now up 150% since its 2023 IPO. The company boasts two billion-dollar brands and over 5,200 patents, targeting 12% revenue growth in 2025 and trading at 21 times forward earnings. SharkNinja’s innovation and consumer focus position it for continued success.
Read more at Yahoo Finance: Why SharkNinja Stock Is Rocketing Higher This Week