Investing.com71d agobearish
Nubank downgraded to “underperform” at BofA on CFO exit and leadership turnoverInvesting.com -- BofA Securities downgraded Nubank to “underperform” from “neutral” rating, cutting its price objective to $10 from $16, after the Brazilian neobank announced chief financial officer Guilherme Lago would step down effective July 13, adding to a string of senior leadership departures the broker said had become "harder to ignore."