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Nu Holdings price target raised to $15 from $14 at Susquehanna

Susquehanna raised the firm’s price target on Nu Holdings (NU) to $15 from $14 and keeps a Positive rating on the shares. The firm said it was a mixed quarter, though the consensus may have been stronger than the pros. New customer adds were strong, deposit growth was solid, and there was a noticeable stabilization of the profitable PIX credit (“PIX parcelados”) microloans product. However , activity rate was flat year over year.

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