Nubank (NU) Price Target Set by Banco Santander

Group 1 - Banco Santander set a price target of $22 for NYSE:NU, indicating a potential increase of about 26.15% from the current stock price of $17.44 [1][6] - Nubank is planning to secure a banking license in Brazil by 2026 to comply with new regulations from Brazil's central bank and the National Monetary Council [2][6] - Nubank's capital, liquidity, and customer base, which exceeds 110 million in Brazil, will remain unaffected despite regulatory changes [3][6] Group 2 - Nubank's market capitalization is approximately $84.1 billion, with a trading volume of 31.8 million shares [5] - NU's stock has fluctuated between a high of $17.84 and a low of $9.01 over the past year, reflecting market volatility [4]