Nu Holdings shares plunge nearly 20% amid Brazil market crash
NU Nu Holdings Ltd
$12.08 -2.27%
View chart & analysis → - 1Nu Holdings shares plunged nearly 20% on Monday.
- 2Monesha Crespi assigned a buy rating to Nu Holdings and set a price target of $20.
- 3President Luiz Inácio Lula da Silva won a fourth term.
So what's the key point?
Nu Holdings shares fell nearly 20% as the Brazilian president was re-elected. Monesha Crespi expects the stock to rise and set a target of $20.
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