$NU Holdings(NU.US) Needham analyst Kyle Peterson initiated coverage of Nu Holdings with a Buy rating and a $17 price target. The report highlights the neobank's strong position in Latin America, serving over 135 million customers, and its planned US expansion within 12 months, which could unlock substantial value. Nu's 'low and grow' strategy targets unbanked populations, driving rapid customer acquisition and revenue growth through interest and fees. Nu saves substantial costing through digital banking while still offering great customer service in South America - an aspect to watch out for if they can replicate the same thing in America. @Bridge Buzz SG