Goldman Sachs Initiates Coverage On SharkNinja with Buy Rating, Announces Price Target of $52
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach has initiated coverage on SharkNinja (NYSE:SN) with a Buy rating and a price target of $52.
October 25, 2023 | 11:35 am
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Goldman Sachs has initiated coverage on SharkNinja with a Buy rating and a price target of $52, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, Goldman Sachs, a highly reputable financial institution, has given SharkNinja a Buy rating and set a price target of $52. This suggests that they believe the stock is undervalued at its current price and has the potential to reach or exceed $52. This positive outlook could attract more investors to the stock, driving up its price in the short term.
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