JP Morgan analyst Domingos Falavina downgrades Nu Holdings (NYSE:NU) from Overweight to Neutral and raises the price target from $12 to $14.5.

Across the recent three months, 6 analysts have shared their insights on Nu Holdings (NYSE:NU), expressing a variety of opinions spanning from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 4 0 0 0 Last 30D 0 1 0 0 0 1M Ago 2 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 2 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $15.03, with a high estimate of $17.00 and a low estimate of $13.00. Surpassing

Susquehanna analyst James Friedman maintains Nu Holdings (NYSE:NU) with a Positive and raises the price target from $14 to $16.

Goldman Sachs analyst Mike Niehuser maintains Nu Holdings (NYSE:NU) with a Buy and raises the price target from $15 to $17.

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Financials sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume C CALL SWEEP BEARISH 07/12/24 $67.00 $32.2K 2.4K 10.3K WFC CALL TRADE BULLISH 07/19/24

The U.S. Supreme Court on Monday ruled that merchants may challenge debt-card swipe fees outside a six-year statute, sending a shock to the power of federal agencies. The justices voted 6-3 on their ruling, determining that a North Dakota convenience store and truck stop may sue over a 2011 rule on charges that banks imposed on merchants because the six-year statute to sue doesn’t apply to the store as it did not open until 2018, Bloomberg reported. The decision may boost the effect of a blockbuster ruling issued last week that overturned a 1984 precedent requiring judges to defer to an agency's reasonable interpretation of an unclear statute. Also Read: Visa and Mastercard Reach De

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume RILY PUT SWEEP BEARISH 07/05/24 $18.00 $34.9K 3.0K 2.4K JPM CALL SWEEP BEARISH 07/19/24 $200.00 $59.1

In the preceding three months, 4 analysts have released ratings for Nu Holdings (NYSE:NU), presenting a wide array of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 0 0 0 Last 30D 0 1 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 0 1 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $14.3, with a high estimate of $15.20 and a low estimate of $13.00. Marking an increase of 23.2

AI technology will power Nubank's platform, providing deeper insights into customer needs and creating hyper-personalized digital financial services; Hyperplane's systems will integrate seamlessly, with immediate benefitsNubank announced today the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, bringing smarter, fairer, and more personalized financial products and services to Nubank's customers.

Nu Holdings Ltd. (NYSE:NU) ("Nu" or the "Company"), one of the world's largest digital financial services platforms, released its Third Quarter financial results today. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 5:00 pm Eastern time/7:00 pm Brasilia time. "Our third quarter 2024 underscores the strength of our business model, demonstrating top-line growth and sustained profitability. We reached $2.9 billion

Despegar.com, Corp. (NYSE:DESP) ("Despegar" or the "Company"), Latin America's leading travel technology company and Nubank (NYSE:NU), the largest digital banking platform outside Asia, today announced the integration of NuPay as a new payment option on Despegar's travel platform. The collaboration between Nubank and Despegar offers multiple strategic benefits for both companies, including: Despegar gains access to Nubank's 95.5 million Brazilian customers, broadening its target market significantly Nubank's customers will gain access to Despegar's travel platform and services enjoying increased spending limits and enhanced purchasing power through a variety of payment options, includi

High GDP per capita coupled with low financial inclusion make the Latin American country a significant opportunity for the company's strategy; Cristina Junqueira details plans on the new episode of Nu Videocast Standing as the number one business priority for Nu in 2024, Mexico has proven to be a savvy choice in the company's international expansion strategy: one year after the launch of Cuenta, the company has already surpassed 8 million customers in the country and $3.3 billion in deposits. These figures exceed those of Brazil at the same stage of operations: in the company's home country, there were 7.7 million customers and less than $1 billion in deposits in Q1'19. With the highest

Nu Holdings Ltd. (NYSE:NU), ("Nu" or the "Company"), one of the world's largest digital banking platforms, released today its Second Quarter financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 6:00 pm Eastern time/7:00 pm Brasília time. "Our second quarter 2024 results reaffirm the strength of our business model, efficiency in our execution, and resilience of our credit underwriting. Net income has

AI technology will power Nubank's platform, providing deeper insights into customer needs and creating hyper-personalized digital financial services; Hyperplane's systems will integrate seamlessly, with immediate benefits Nubank announced today the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, bringing smarter, fairer, and more personalized financial products and services to Nubank's customers. Hyperplane, launched in 2022 and co-founded by Daniel Silva, Felipe Lamounier, Rohan Ramanath, and Felipe Meneses, has been instrumental in using proprietary foundation models to provide high-qual

Nu Holdings Ltd. (NYSE:NU), ("Nu" or the "Company"), one of the world's largest digital banking platforms, released today its First Quarter financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 6:00 pm Eastern time/7:00 pm Brasília time. "In May 2024, we announced reaching the 100 million customer mark, a privilege we earned through our steadfast focus on solving people's needs with true product inno

The company is the first digital banking platform to surpass this milestone outside of Asia and is honoring its customers in Brazil, Mexico, and Colombia with a tech-first campaign Nubank announced today that it has surpassed 100 million customers in Brazil, Mexico, and Colombia, making it the first digital banking platform to reach this milestone outside of Asia. The achievement comes on the heels of record 2023 financial results, with over US$1 billion in net profit and over US$8 billion in revenues, which attest to the solidity, efficiency, and scalability of Nubank's business model. Currently, Nubank serves more than 92 million customers in Brazil, over 7 million in Mexico, and clos

Nu Holdings Ltd. (NYSE:NU), ("Nu" or the "Company"), one of the world's largest digital financial services platforms, released today its Fourth Quarter and Full Year 2023 financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 5:00 pm Eastern time/7:00 pm Brasília time. "We are building the largest consumer platform in Latin America, with strong earnings-generating capabilities, having delivered over $

Nu Holdings Ltd. (NYSE:NU), ("Nu" or the "Company"), one of the world's largest digital financial services platforms, released today its Third Quarter 2023 financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 5:00 pm Eastern time/7:00 pm Brasília time. "Nu is on a remarkable upward trajectory, demonstrating solid operating performance, continued growth, and increasingly robust profitability. We reac

The rating is the same given to Brazil sovereign and incumbent financial institutions in the country S&P Global Ratings assigned a BB- international rating to Nu Financeira and Nu Holdings. The main drivers for the decision were the growth prospects supported by an expanding customer base (85 million customers in Latin America as of July 2023), the company's solid capital structure (Basel Index of 20.2% in Brazil in Q2'23), and efficiency rate. S&P is one of the most relevant credit rating agencies worldwide, and its evaluation reflects companies' capability to meet their financial obligations on time. It reflects trustworthiness and reputation by assessing the current solidity and futu

Itau BBA downgraded Nu Holdings from Outperform to Market Perform

UBS downgraded Nu Holdings from Buy to Neutral and set a new price target of $13.50

JP Morgan downgraded Nu Holdings from Overweight to Neutral and set a new price target of $14.50 from $12.00 previously

Barclays initiated coverage of Nu Holdings with a rating of Overweight and set a new price target of $15.00

Redburn Atlantic initiated coverage of Nu Holdings with a rating of Overweight

Jefferies initiated coverage of Nu Holdings with a rating of Buy and set a new price target of $10.80

New Street downgraded Nu Holdings from Buy to Neutral and set a new price target of $8.10 from $8.25 previously

JP Morgan upgraded Nu Holdings from Neutral to Overweight and set a new price target of $9.00

Citigroup downgraded Nu Holdings from Buy to Neutral and set a new price target of $6.10 from $7.00 previously

JP Morgan upgraded Nu Holdings from Underweight to Neutral