SharkNinja: Tariff Deal with Vietnam and F1 Movie Expected to Drive New All-Time Highs

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R. Dietenberger
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SharkNinja (SN, i) makes me confident with its effective marketing strategy that new all-time highs can be reached soon. I have built a new long position based on relative strength. Production for the US market is also expected to take place 90% outside of China by the end of Q2. The focus is on new locations like Vietnam, where a new US deal with import tariffs of largely 20% according to Canaccord can provide more security. Jefferies confirmed the price target of $175 (Buy) at the end of June and sees the strong brand presence in the film "F1...

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