Susquehanna raised the firm’s price target on Nu Holdings (NU) to $22 from $19 and keeps a Positive rating on the shares. The firm sees a good setup for 2026 as they sense they are growing closer to a period of global expansion for NU as it templatizes its expansion beyond Brazil, Mexico, and Colombia into the US. They also remain confident in the company’s underlying asset quality, with relatively stable delinquency rates and attractive unit economics across its existing markets.
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