3D·

Nu Holdings and the Monzo Acquisition

Rothschild Redburn views the potential acquisition of Monzo by $NU (-0.27%) and confirms the price target of $19 and the BUY recommendation.

The acquisition is viewed as a bold step toward becoming a global financial platform. I took advantage of today’s dip and doubled my position. If the price heads toward €10, I’ll add to my position.

https://de.investing.com/news/analyst-ratings/rothschild-redburn-bestatigt-kaufempfehlung-fur-nu-holdings-angesichts-moglicher-monzoubernahme-93CH-3679413

8 Comments

Kanye-Invest@Kanye-Invest

It feels like you can do everything right, but the market still punishes you at first.

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Keineui@Keineui

@Kanye-Invest I see this as a good opportunity to build out our position. Sure, we have to watch out for dilution. But the deal itself shows me, for starters, NU’s confidence and would bring in a significant number of customers and revenue. That’s why I actually welcome the short-term reaction.

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Chris@Multibagger

@Kanye-Invest $NU is one of those stocks where the market has long held a very different view than many analysts and investors. And the market is always right. That's why I sold my position a long time ago and have no plans to buy back in.

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jkb92@jkb92

@Multibagger $NU will go its own way. The market almost always punishes dilution. Things were looking pretty good before that, so it seems the market had liked the company and believed in its story.

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Chris@Multibagger

@jkb92 You might think so. I do think, though, that a 20% gain since 2022 isn't all that great. To me, it's more of a trading stock, and I've already traded it twice. But it's not a long-term investment for me right now.

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emppsb@emppsb

I’ll buy some if it goes to 10 euro

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Keineui@Keineui

@emppsb that’s where I placed the next order as well

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emppsb@emppsb

@Keineui gun is loaded 🫡

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