Piper Sandler Starts Coverage of SharkNinja With Overweight, Cites Double-Digit Growth Potential
Piper Sandler initiated coverage of SharkNinja with an Overweight rating and a $150 price target, highlighting the company’s product innovation, expanding advertising footprint and several emerging growth levers. The firm sees upside for annual sales growth north of 15% and material EPS improvement over the next three years.