JPMorgan Bullish on Nu Holdings: PT Raised, Overweight Rating
Nu Holdings Ltd. is named one of the 11 Best Fintech Stocks to Buy Right Now by JPMorgan, with a price target raised from $14.50 to $16 and an “Overweight” rating. Analysts expect strong loan growth, improved net interest margin, and credit card loan yields, potentially boosting earnings in 2025 and 2026.
JPMorgan also raised its estimates for Nu Holdings Ltd. by 4% for both 2025 and 2026. The company operates a digital banking platform serving over 118 million customers in Brazil, Mexico, and Colombia. While NU offers potential as an investment, other AI stocks may have greater upside potential and lower downside risk.
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Read more at Yahoo Finance: JPMorgan Raises PT for Nu Holdings (NU), Keeps Overweight Rating
