UBS Upgrades Banco Santander Brasil (BSBR) to ‘Buy’ on Improving Profitability

From Yahoo Finance: 2025-06-16 10:50:00

UBS upgraded Banco Santander Brasil (BSBR) to ‘Buy’ from ‘Neutral’ with a price target of R$38, citing higher profitability expectations for the bank. The stock is seen as undervalued, offering an attractive opportunity for investors with diversified earnings and buyback potential. Despite a challenging macroeconomic environment, the bank delivered record first-quarter profit. Banco Santander Brasil (NYSE:BSBR) operates in Brazil through retail and wholesale segments, providing various financial services to individuals, businesses, corporations, and institutions. While BSBR is considered a good investment, some AI stocks may offer greater upside potential with less downside risk. Check out our report on the best short-term AI stock for more information.



Read more at Yahoo Finance: UBS Upgrades Banco Santander Brasil (BSBR) to ‘Buy’ on Improving Profitability