Citi downgrades Nu Holdings to Sell, says take profits here

TipRanks12-03

Citi analyst Gustavo Schroden downgraded Nu Holdings (NU) to Sell from Neutral with a price target of $11, down from $14.60. The company has shown an “impressive capacity” to expand its operations in ...

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The company has shown an “impressive capacity” to expand its operations in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/citi-downgrades-nu-holdings-sell-124730870.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NU","symbol_name":"Nu Holdings Ltd.","start_time":0,"source_url":"https://finance.yahoo.com/news/citi-downgrades-nu-holdings-sell-124730870.html","article_id":"2488914062","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/4sKDjR25RgCUFyBF6vtM3Q--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/7f01f2b57128720bbd368bcb6051700e"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/citi-downgrades-nu-holdings-sell-124730870.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2488914062","pubTimestamp":1733230050,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Citi analyst Gustavo Schroden downgraded Nu Holdings  to Sell from Neutral with a price target of $11, down from $14.60. The company has shown an “impressive capacity” to expand its operations in Brazil rapidly, while maintaining even faster net income growth, the analyst tells investors in a research note. However, Citi sees the stock’s strong year-to-date performance as a good opportunity to take profits. Nu’s alternative revenue sources, like payroll loans in Brazil, Mexico and Colombia, could take longer than expected to offset the slowdown in credit cards and personal loans in Brazil, contends Citi.Unlock your investing potential with TipRanks Premium - Now At 40% OFF!Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. Nu Holdings downgraded to Sell from Neutral at Citi. Nu Holdings call volume above normal and directionally bullish. Unusually active option classes on open November 29th. Nvidia reports Q3 beat, Starbucks explores China partn","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"NU":"Nu Holdings Ltd."},"translate_title":"花旗将Nu Holdings评级下调至出售，并表示在此获利了结","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NU":0.9},"content_text":"Citi analyst Gustavo Schroden downgraded Nu Holdings (NU) to Sell from Neutral with a price target of $11, down from $14.60. The company has shown an “impressive capacity” to expand its operations in Brazil rapidly, while maintaining even faster net income growth, the analyst tells investors in a research note. However, Citi sees the stock’s strong year-to-date performance as a good opportunity to take profits. Nu’s alternative revenue sources, like payroll loans in Brazil, Mexico and Colombia, could take longer than expected to offset the slowdown in credit cards and personal loans in Brazil, contends Citi.\n\nDon't Miss our Black Friday Offers:\n\nUnlock your investing potential with TipRanks Premium - Now At 40% OFF!\nMake smarter investments with weekly expert stock picks from the Smart Investor Newsletter\n\n\n\nPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>\n\n\nSee the top stocks recommended by analysts >>\n\n\nRead More on NU:\n\nNu Holdings downgraded to Sell from Neutral at Citi\nNu Holdings call volume above normal and directionally bullish\nUnusually active option classes on open November 29th\nNu Holdings Consolidates Colombian Operations for Growth\nNvidia reports Q3 beat, Starbucks explores China partnerships: Morning Buzz","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"rating","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2488914062"}