Banco Santander Brasil Reaches Analyst Target Price
March 14, 2019 at 08:00 AM EDT
In recent trading, shares of Banco Santander Brasil SA (BSBR) have crossed above the average analyst 12-month target price of $12.10, changing hands for $12.36/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..