Form 6-K Nu Holdings Ltd. For: Jun 30

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Go back to Form 6-K Nu Holdings Ltd. For: Jun 30

Citi Downgrades Nu Holdings (Nubank) (NU) to Neutral, 'Deceleration headwinds to cap further re-rating YoY'

May 17, 2023 4:34 PM EDT

Citi analyst Ashwin Shirvaikar downgraded Nu Holdings (Nubank) (NYSE: NU) from Buy to Neutral with a price target of $6.10 (from $7.00).

The analyst comments "It is hard to not be impressed by NUs trajectory: created from scratch 10 years ago to become one of... More