High materiality7/10
JPMorgan Downgrades Banco Santander (Brasil) S.A. (BSBR) to Neutral
Why it may matterVerify against the original reporting
bullish
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bullish
What happened, with direct paths to the underlying reporting
JPMorgan downgrades BSBR to Neutral with a $6 target; price is $5.10, implying upside around 17.6% despite the downgrade.
Target: $6
Posted price: $5.1
Analyst firm: Banco Santander
Analyst: Domingos Falavina
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