JPMorgan Increases Price Target for Nu Holdings, Maintains Positive Outlook

Reported about 10 hours ago

JPMorgan has raised the price target for Nu Holdings Ltd. (NYSE:NU) from $14.50 to $16 while keeping an 'Overweight' rating. The firm anticipates strong loan growth along with improvements in net interest margin and credit card loan yields which could boost earnings in 2025 and 2026. Nu Holdings, a fintech company offering digital banking services to over 118 million customers in Latin America, is viewed positively despite competition from AI stocks.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis