Monness Crespi & Hardt initiates Nu Holdings coverage with Buy, $20 price target

Monness Crespi & Hardt initiated coverage of Nu Holdings (NU) with a Buy rating and $20 price target, telling buyers they get exposure to a macro dislocation tied to the Brazil presidential runoff, calling it a roughly 30% ROE franchise trading at about 13x FY27E earnings.

Detected & updated continuously · Source: Nebula