Goldman Sachs Upgrades Banco Santander Chile to Neutral, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has upgraded Banco Santander Chile (NYSE:BSAC) from Sell to Neutral and increased its price target from $18 to $21.
August 20, 2024 | 9:26 am
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POSITIVE IMPACT
Goldman Sachs has upgraded Banco Santander Chile from Sell to Neutral, raising the price target from $18 to $21. This upgrade may positively influence investor sentiment and potentially lead to a short-term increase in BSAC's stock price.
The upgrade from Sell to Neutral by a major financial institution like Goldman Sachs is likely to improve investor sentiment towards BSAC. The raised price target from $18 to $21 suggests a more optimistic outlook on the stock's performance, which could lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100