Nu Holdings Stock Price Today: NU Flat as BofA Cuts Target and Nubank Pushes Global Expansion
Nu Holdings shares traded near flat at $14.88 in New York after Bank of America cut its price target, citing concerns over rising costs and loan-loss provisions. The stock is down 12.9% for the year despite record quarterly profit. Peers PagSeguro and Inter rose in morning trade. Broker targets remain split, with Morgan Stanley more bullish and UBS and BofA trimming forecasts.