JP Morgan Maintains Neutral on Banco Santander, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has maintained a Neutral rating on Banco Santander (OTC:BCDRF) and lowered the price target from $21 to $20.
November 08, 2023 | 8:06 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on Banco Santander and lowered the price target from $21 to $20. This could potentially impact the stock's performance.
JP Morgan's decision to maintain a Neutral rating indicates that they do not see significant upside or downside in the near term. However, the lowering of the price target could potentially indicate a slightly less optimistic outlook, which could impact investor sentiment and the stock's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100