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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NU:
