What Does Wall Street Think About Banco Santander (SAN)?

Group 1 - Banco Santander, S.A. is currently considered one of the top cheap stocks under $20 to buy, despite being downgraded to Hold from Buy by DZ Bank with a price target of EUR 10 [1] - RBC Capital reaffirmed a Hold rating on Banco Santander with a price target of €8.50 [5] - The company operates as a retail and commercial bank with segments across Continental Europe, the United Kingdom, Latin America, and the United States [5] Group 2 - Santander Corporate & Investment Banking announced a strategic equity research alliance with MoffettNathanson LLC, focusing on the Technology, Media, and Telecom industry [2] - This alliance is Santander CIB's fourth U.S. equity research partnership, following previous agreements with Vertical Research Partners LLC, Telsey Advisory Group LLC, and Nephron Research LLC [3] - The collaboration aims to enhance Santander CIB's U.S. client offerings by providing specialized equity research and sector intelligence, leveraging MoffettNathanson's expertise [4]