Citi Reiterates a Buy Rating on Nu Holdings (NU), Keeps the PT

Nu Holdings Ltd. (NYSE:NU) is one of the Best Performing Financial Stocks So Far in 2025.  On September 10, Citi analyst Gustavo Schroden reiterated a Buy rating on Nu Holdings Ltd. (NYSE:NU) with a price target of $18.

The analyst noted that the company has shown strong growth prospects in Mexico since its launch of operations in Q4 2022. The company has reported a rapid increase in deposits and credits, gaining meaningful traction with customers in the Mexican market.

Schroden elaborated that the Mexican consumer market is large, making it an attractive opportunity. He added that Nu Holdings Ltd. (NYSE:NU )’s expansion strategy in Mexico is similar to the strategy it used in Brazil, which adds credibility to the company’s prospects.

Nu Holdings Ltd. (NYSE:NU) is a Brazil-based company providing digital banking services. It offers customers products for spending, saving, investing, borrowing, and protecting their finances.

While we acknowledge the potential of NU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.