Jefferies Initiates Coverage On Banco Santander with Hold Rating, Announces Price Target of $5.7
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Inigo Vega has initiated coverage on Banco Santander (NYSE:BSBR) with a Hold rating and a price target of $5.7.
October 16, 2023 | 11:47 am
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Jefferies has initiated coverage on Banco Santander with a Hold rating and a price target of $5.7.
The Hold rating from Jefferies suggests that the firm believes Banco Santander's stock is fairly valued at current levels. The price target of $5.7 indicates where they believe the stock will trade in the future. This could influence investor sentiment and potentially impact the stock's price in the short term.
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