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0.000615258408531461 0 -0.000410172272354453 -0.00164068908941767 0.00205086136177183 0.00254306808859711 0 0.00123051681706307
Stock impact report

Wall Street Bulls Look Optimistic About Nu (NU): Should You Buy? [Yahoo! Finance]

Nu Holdings Ltd. (NU) 
Company Research Source: Yahoo! Finance
While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Nu Holdings Ltd. (NU). Nu currently has an average brokerage recommendation (ABR) of 1.63, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 12 brokerage firms. An ABR of 1.63 approximates between Strong Buy and Buy. Of the 12 recommendations that derive the current ABR, eight are Strong Buy, representing 66.7% of all recommendations. Check price target & stock forecast for Nu here The ABR suggests buying Nu, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guid Show less Read more
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