Santander Stock Recommendations and Price Targets

This is a list of recent ratings by Santander.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
12/14/2021	UGP Ultrapar Participações	Downgrade	$2.00	$3.00	Buy ➝ Hold	Medium
12/14/2021	BAK Braskem	Reiterated Rating	$10.00	$20.00	Buy ➝ Hold	High
1/27/2021	GASNY Naturgy Energy Group	Upgrade	$5.00		Underweight ➝ Hold	High
1/21/2021	EQNR Equinor ASA	Downgrade	$34.00		Buy ➝ Hold	Medium
1/21/2021	FLUIF Fluidra	Downgrade	$15.00		Buy ➝ Hold	Low
12/22/2020	LRENY Lojas Renner	Downgrade	$5.00		Buy ➝ Hold	Low
12/22/2020	MELI MercadoLibre	Upgrade	$865.00	$1,980.00	Hold ➝ Buy	Low
12/21/2020	GOL Gol Linhas Aéreas Inteligentes	Downgrade	$3.00		Buy ➝ Hold	High
12/21/2020	AZUL Azul	Downgrade	$9.00		Buy ➝ Hold	Medium
12/15/2020	MRRTY Marfrig Global Foods	Downgrade	$2.00		Buy ➝ Underperform	Low
12/15/2020	BRFS BRF	Downgrade	$2.00		Buy ➝ Hold	Low
12/8/2020	YPF YPF Sociedad Anónima	Downgrade	$6.00		Hold ➝ Underperform	Low
12/2/2020	SUPV Grupo Supervielle	Downgrade	$2.00		Buy ➝ Underperform	High
12/2/2020	BBAR Banco BBVA Argentina	Downgrade	$3.00		Buy ➝ Underperform	High
11/24/2020	BAP Credicorp	Upgrade	$126.00		Hold ➝ Buy	High
11/20/2020	CX CEMEX	Downgrade	$3.00		Buy ➝ Hold	Low
10/30/2020	IBDRY Iberdrola	Downgrade	$38.00		Buy ➝ Hold	Medium
10/27/2020	BKNIY Bankinter	Upgrade	$6.00		Hold ➝ Buy	High
10/21/2020	BAK Braskem	Upgrade	$10.00		Hold ➝ Buy	Medium
7/31/2020	TEZNY Terna - Rete Elettrica Nazionale Società per Azioni	Upgrade	$19.00		Hold ➝ Buy	Low
7/31/2020	EDPFY EDP - Energias de Portugal	Upgrade	$44.00		Hold ➝ Buy	Low
7/30/2020	MMBMF MásMóvil Ibercom	Downgrade	$27.00		Buy ➝ Hold	Low
7/30/2020	EDRVF EDP Renováveis	Downgrade	$21.00		Buy ➝ Hold	Low
6/23/2020	IFS Intercorp Financial Services	Downgrade	$21.00		Buy ➝ Hold	Low
6/23/2020	BAP Credicorp	Downgrade	$126.00	$165.00	Buy ➝ Hold	Medium
4/21/2020	BAP Credicorp	Upgrade	$126.00		Underperform ➝ Hold	Medium
3/3/2020	ISNPY Intesa Sanpaolo	Upgrade	$10.00		Hold ➝ Buy	High
2/27/2020	CPA Copa	Upgrade	$69.00	$144.00	Hold ➝ Buy	High
1/31/2020	WZZAF Wizz Air	Upgrade	$24.00		Hold ➝ Buy	Low
12/10/2019	UGP Ultrapar Participações	Upgrade	$2.00	$6.20	Hold ➝ Buy	Low
12/10/2019	YPF YPF Sociedad Anónima	Downgrade	$6.00		Buy ➝ Hold	High
10/28/2019	GRFS Grifols	Upgrade	$6.00		Hold ➝ Buy	Low
10/15/2019	CIB Bancolombia	Upgrade	$25.00		Underperform ➝ Hold	Low