Zacks Investment Research downgraded shares of BANCO SANTAN SA (SAN) from NEUTRAL to UNDERPERFORM on January 23, 2013, with a target price of $8.20.
Banco Santander SA is the biggest bank in Spain and the biggest international bank in Latin America as well. The Bank concentrates its activities in Andalucia, Castilla-Leon, Catalonia, Madrid, Valencia and Cantabria. The Bank provides banking services for individuals and companies, leasing, factoring, stockbrokerage and mutual fund services.
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