JP Morgan Maintains Overweight on SharkNinja, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on SharkNinja (NYSE:SN) but lowers the price target from $128 to $120.
November 01, 2024 | 1:08 pm
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JP Morgan has maintained its Overweight rating on SharkNinja but has lowered the price target from $128 to $120, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in SharkNinja's performance, but the lowered price target indicates a tempered outlook, which could lead to a slight negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100