New Street Research Downgrades Nu Holdings to Neutral, Lowers Price Target to $8.1
Portfolio Pulse from Benzinga Newsdesk
New Street Research has downgraded Nu Holdings (NYSE:NU) from Buy to Neutral and lowered the price target from $8.25 to $8.1.
October 05, 2023 | 10:48 am
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Nu Holdings has been downgraded from Buy to Neutral by New Street Research, with a lowered price target of $8.1.
The downgrade from Buy to Neutral indicates a less optimistic outlook for Nu Holdings by New Street Research. The lowering of the price target from $8.25 to $8.1 also suggests a potential decrease in the stock's value. This could negatively impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100