Bank of America Raises Price Target for SharkNinja Following Strong Prime Day Sales
Following strong sales during Amazon's Prime Day event in June, Bank of America raised its price target on SharkNinja from $145 to $165. The firm cited a 51.5% year-over-year increase in product sell-through driven by viral interest and key products like the Ninja SLUSHi and Shark ChillPill.
Topics: Consumer Goods Retail Sales Stock Analysis