Banco Santander, S.A. (SAN) is identified as one of the top cheap stocks under $20 to buy now, despite a recent downgrade by DZ Bank. The bank’s U.S. broker-dealer, Santander US Capital Markets LLC, has formed a strategic equity research alliance with MoffettNathanson LLC, focusing on the Technology, Media, and Telecom industry. This marks Santander CIB’s fourth U.S. equity research alliance. RBC Capital reaffirmed a Hold rating on Banco Santander, S.A. (NYSE:SAN) with a price target of €8.50. Banco Santander operates as a retail and commercial bank in various regions.

Read more at Yahoo Finance: What Does Wall Street Think About Banco Santander (SAN)?