Monness Crespi & Hardt Initiates Coverage of Chime Financial with Neutral Rating
Monness Crespi & Hardt has initiated coverage on Chime Financial, Inc. with a neutral rating and a price target of $31.
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J.P. Morgan analyst Tien-Tsin Huang has maintained a bullish rating on Chime Financial, Inc. (NASDAQ: CHYM) with a price target of $35.
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Monness Crespi & Hardt has initiated coverage on Chime Financial, Inc. with a neutral rating and a price target of $31.
Nu Holdings (NU) rallied 23.1% in October following Brazil's presidential election and the company's first billion-dollar quarterly profit. With 139 million customers and expanding operations in Mexico and the U.S., NU trades at a reasonable valuation discount to peers. However, rising delinquencies and U.S. expansion costs present risks, warranting a cautious approach for investors.