JP Morgan Maintains Neutral on Nu Holdings, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Domingos Falavina maintains a Neutral rating on Nu Holdings (NYSE:NU) but raises the price target from $14.5 to $15.
August 19, 2024 | 2:41 pm
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POSITIVE IMPACT
JP Morgan has maintained its Neutral rating on Nu Holdings but increased the price target from $14.5 to $15, indicating a slightly more positive outlook.
The increase in price target suggests a slightly more optimistic view on Nu Holdings' future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100