Nu Holdings price target raised to $14 from $12 at Susquehanna

Susquehanna raised the firm’s price target on Nu Holdings to $14 from $12 and keeps a Positive rating on the shares. The firm said it was another strong quarter, delivering accelerating KPIs that included a sharp increase in Active Customers, accelerated ARPAC, revenues up 69% and sharply expanding net margins, driven in part by flat cost to serve