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Fly News Breaks for November 1, 2017
BSBR, BSMX
Nov 1, 2017 | 05:34 EDT
JPMorgan analyst Domingos Falavina downgraded Santander Mexico (BSMX) to Neutral and lowered his price target for the shares to $10 from $11. The analyst has concerns with presidential elections in Mexico potentially impacting the peso and overall investment appetite. He coupled the downgrade with an upgrade of Santander Brasil (BSBR).
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