(CercleFinance.com) – UBS reaffirms its ‘buy’ recommendation on Santander with a price target raised from five to 5.2 euros, a new target which conceals a potential increase of 50% for the title of the banking establishment Spanish.
‘Santander has performed very well since the beginning of the year and, more recently, has reacted positively to the improvement in the outlook for Brazil’, highlights the broker, as the group approaches the publication of its second quarter results.
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