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Analysts Offer Insights on Financial Companies: Nu Holdings (NU), Coinbase Global (COIN) and PennyMac Financial (PFSI)

Tipranks - Thu Mar 19, 5:42AM CDT

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Nu Holdings (NUResearch Report), Coinbase Global (COINResearch Report) and PennyMac Financial (PFSIResearch Report) with bullish sentiments.

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Nu Holdings (NU)

In a report released today, Gustavo Schroden from Citi assigned a Buy rating to Nu Holdings, with a price target of $22.00. The company’s shares closed last Tuesday at $14.25.

Schroden has an average return of 10.8% when recommending Nu Holdings. ;'>

According to TipRanks.com, Schroden is ranked #5962 out of 12128 analysts.

Currently, the analyst consensus on Nu Holdings is a Strong Buy with an average price target of $20.01, a 39.0% upside from current levels. In a report issued on March 9, Morgan Stanley also reiterated a Buy rating on the stock with a $21.00 price target.

See the top stocks recommended by analysts >>

Coinbase Global (COIN)

Citi analyst Peter Christiansen maintained a Buy rating on Coinbase Global yesterday and set a price target of $400.00. The company’s shares closed last Tuesday at $210.23.

According to TipRanks.com, Christiansen is a 2-star analyst with an average return of -0.1% and a 50.0% success rate. Christiansen covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, NIQ Global Intelligence PLC, and Pagaya Technologies Ltd. ;'>

Coinbase Global has an analyst consensus of Moderate Buy, with a price target consensus of $260.81, a 28.9% upside from current levels. In a report issued on March 5, TipRanks – PerPlexity also upgraded the stock to Buy with a $235.00 price target.

PennyMac Financial (PFSI)

KBW analyst Jade Rahmani maintained a Buy rating on PennyMac Financial today and set a price target of $115.00. The company’s shares closed last Tuesday at $87.35, close to its 52-week low of $83.03.

According to TipRanks.com, Rahmani is a 5-star analyst with an average return of 12.7% and a 65.4% success rate. Rahmani covers the NA sector, focusing on stocks such as NexPoint Real Estate ate Finance, Sunrise Realty Trust Inc, and Kkr Real Estate Finance. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for PennyMac Financial with a $134.86 average price target.

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