Form 6-K Nu Holdings Ltd. For: Mar 31

Go back to Form 6-K Nu Holdings Ltd. For: Mar 31

UBS Reiterates Buy Rating on Nu Holdings (Nubank) (NU)

May 16, 2024 1:59 PM EDT

UBS analyst Thiago Batista reiterated a Buy rating and $13.50 price target on Nu Holdings (Nubank) (NYSE: NU).

The analyst comments "All metrics deteriorated in 1Q24 Nu's NPL ratio was up 20bps QoQ to 6.3% and the stage 3 ratio was also up 35bps QoQ... More