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Fly News Breaks for January 23, 2020
SAN
Jan 23, 2020 | 05:59 EDT
UBS analyst Ignacio Cerezo upgraded Banco Santander to Buy from Neutral with a price target of EUR 4.40, up from EUR 4.05. The analyst cites valuation for the upgrade following the recent weakness in the shares. Spanish banks are positioned for resilient growth in most geographies this year, Cerezo tells investors in a research note.
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