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Fly News Breaks for September 10, 2019
BSAC
Sep 10, 2019 | 04:56 EDT
Goldman Sachs analyst Tito Labarta started Santander Chile with a Neutral rating and $30 price target. The bank bank can post slightly higher loan growth than peers, but this will be partly offset by weak fee income due to fees related to the renewal of its partnership with Latam Airlines for credit cards, Labarta tells investors in a research note. He thinks Santander Chile's "premium valuation" reflects its growth prospects.
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