Morgan Stanley raises PT on Banco Santander (SAN) to €12.10 from €11.50


Banco Santander, SA (NYSE: SAN) is one The best cheap stocks under $50 to buy right now. Morgan Stanley lifted its price target on Banco Santander, SA (NYSE: SAN ) from €11.50 to €12.10 on February 26, maintaining an equal weight rating on the stock. Citi also raised its price target on Banco Santander, SA (NYSE: SAN ) from €11.90 to €12.50 on February 24 and maintained a buy rating on the stock.

Banco Santander, SA (SAN) is a European bank that doesn't fail, says Jim Cramer
Banco Santander, SA (SAN) is a European bank that doesn’t fail, says Jim Cramer

In addition to Morgan Stanley & Citi, Banco Santander, SA (NYSE:SAN) received another top rating update from Deutsche Bank on February 23. The company raised its price target on the stock to €11.50 from €9.80 and maintained a buy rating on the stock.

The positive rating update comes after Banco Santander, SA (NYSE: SAN ) presented its full-year 2025 results, reporting attributable profit of 14,101 million euros in 2025, up 12% year-on-year (or +16% in constant euros), and total customers reaching 180 million after adding 8 million customers in the first year. Management attributed the strong results to efficiency gains with continued improvement in net interest income, record fees, and credit quality.

Banco Santander (NYSE: SAN) is a Spain-based company that operates as a retail and commercial bank. Its divisions are distributed across Continental Europe, the United Kingdom, Latin America, and the United States.

While we acknowledge SAN’s potential as an investment, we believe some AI stocks offer higher potential and lower risk. If you’re looking for the most undervalued AI stocks that stand to benefit significantly from Trump-era tariffs and the offshore trend, check out our free report Best short-term AI stocks.

Read more: 30 stocks that should double in 3 years and 11 Secret AI Stocks to Buy Right Now.

Disclosure: None. This article was originally published Inland Port.

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