Nu Holdings shares are trading higher after the company reported better-than-expected Q1 sales results. Also, Susquehanna maintained a Positive rating on the stock and raised its price target from $12 to $14.
Portfolio Pulse from Benzinga Newsdesk
Nu Holdings shares are trading higher following better-than-expected Q1 sales results. Susquehanna has maintained a Positive rating on the stock and raised its price target from $12 to $14.
May 15, 2024 | 11:24 am
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Nu Holdings shares are trading higher due to better-than-expected Q1 sales results. Susquehanna has maintained a Positive rating and raised its price target from $12 to $14.
The better-than-expected Q1 sales results indicate strong performance, which is likely to boost investor confidence. Additionally, Susquehanna's maintained Positive rating and increased price target further support a positive short-term outlook for the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100