NU (NYSE:NU) Shares Gap Down – Should You Sell?

Nu Holdings Ltd. ( NYSE:NU – Get Free Report )’s stock price gapped down before the market opened on Friday . The stock had previously closed at $13.

53, but opened at $12.71. NU shares last traded at $12.



86, with a volume of 11,109,053 shares trading hands. Analysts Set New Price Targets A number of equities analysts have weighed in on NU shares. Susquehanna upped their price target on NU from $16.

00 to $18.00 and gave the stock a “positive” rating in a report on Thursday, November 14th. JPMorgan Chase & Co.

upped their target price on shares of NU from $14.50 to $15.00 and gave the company a “neutral” rating in a research note on Monday, August 19th.

Bank of America lifted their price target on shares of NU from $12.80 to $15.00 and gave the stock a “neutral” rating in a research note on Thursday, September 12th.

Barclays boosted their price objective on shares of NU from $15.00 to $17.00 and gave the stock an “overweight” rating in a report on Friday, August 16th.

Finally, Itau BBA Securities downgraded NU from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 14th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.

com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $16.21. View Our Latest Research Report on NU NU Price Performance Institutional Inflows and Outflows A number of large investors have recently bought and sold shares of the company.

Massmutual Trust Co. FSB ADV raised its position in shares of NU by 287.9% during the 3rd quarter.

Massmutual Trust Co. FSB ADV now owns 1,916 shares of the company’s stock valued at $26,000 after acquiring an additional 1,422 shares in the last quarter. GAMMA Investing LLC increased its stake in NU by 56.

2% during the second quarter. GAMMA Investing LLC now owns 2,264 shares of the company’s stock valued at $29,000 after purchasing an additional 815 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new stake in shares of NU during the third quarter worth $44,000.

ORG Partners LLC bought a new position in shares of NU in the 2nd quarter worth about $54,000. Finally, Toth Financial Advisory Corp acquired a new position in shares of NU in the 3rd quarter valued at about $55,000. Institutional investors own 80.

90% of the company’s stock. About NU ( Get Free Report ) Nu Holdings Ltd. provides digital banking platform and digital financial services in Brazil, Mexico, Colombia, and internationally.

It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones. Further Reading Receive News & Ratings for NU Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NU and related companies with MarketBeat.com's FREE daily email newsletter .

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