Morgan Stanley Maintains Equal-Weight on SharkNinja, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Megan Alexander maintains an Equal-Weight rating on SharkNinja (NYSE:SN) and raises the price target from $65 to $67.
May 10, 2024 | 3:49 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley has maintained its Equal-Weight rating on SharkNinja and increased the price target from $65 to $67, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive adjustment in the valuation of SharkNinja, reflecting expectations of stronger performance or fundamentals than previously anticipated. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100