Nu Holdings Ltd. (NYSE:NU) is one of the best high growth NYSE stocks that are profitable. On August 25, BofA analyst Mario Pierry raised the firm’s price target on Nu Holdings Ltd. (NYSE:NU) to $16 from $14, keeping a Neutral rating on the shares.
The analyst told investors in a post-earnings note that the company’s share price appreciated 16% since the release of its Q2 results, which “resonated well with the bulls.”
However, the firm viewed the operating trends as mixed, seeing high senior management turnover as a risk.
Headquartered in George Town, Cayman Islands, Nu Holdings Ltd. is a provider of digital banking services.
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This article is originally published at Insider Monkey.
