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[BUSINESS] · United Kingdom, United States · 2 sources

Analyst Rating Updates for UK Retailer NEXT and US Consumer Goods Maker SharkNinja

Deutsche Bank reaffirmed a "hold" rating on NEXT (LON:NXT) with a £140 price target, indicating a potential 10% downside from the current price. Other analysts also weighed in: Berenberg raised its target to £187 with a "buy" rating, Shore Capital kept a "buy" at £175, Citigroup set a neutral target of £132, Peel Hunt maintained a "hold" at £139, and JPMorgan lifted its target to £140 with a neutral stance. NEXT, founded in Leeds in 1864, now operates over 500 stores in the UK and Ireland and has a market capitalization of £17.78 billion.

JPMorgan Chase & Co. increased its price objective for SharkNinja (NYSE:SN) to $207, an upside of about 15% from the prior close, and gave the stock an "overweight" rating. Other research houses also upgraded: Guggenheim set a $210 target with a "buy" rating, Goldman Sachs reaffirmed a "buy" at $204, and TD Cowen raised its target to $160 with a "buy" rating. SharkNinja reported quarterly earnings of $1.26 per share, beating estimates, with revenue of $1.77 billion and a net margin of 10.7%. The company’s market capitalization stands at $25.41 billion.

Entities: Deutsche Bank Aktiengesellschaft · JPMorgan Chase & Co. · Next · SharkNinja