Barclays Initiates Coverage On Nu Holdings with Overweight Rating, Announces Price Target of $15
Portfolio Pulse from Benzinga Newsdesk
Barclays has initiated coverage on Nu Holdings (NYSE:NU) with an Overweight rating and a price target of $15, as announced by analyst John Coffey.
June 26, 2024 | 2:15 pm
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Barclays analyst John Coffey has initiated coverage on Nu Holdings with an Overweight rating and set a price target of $15.
The initiation of coverage with an Overweight rating and a price target of $15 by a major financial institution like Barclays is likely to positively impact the stock price of Nu Holdings in the short term. This suggests confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100