BofA upgraded Santander Chile (BSAC) to Neutral from Underperform with a price target of $35, up from $34. Higher inflation should support net interest margins, says the firm, which raised its 2026-2028 earnings estimates by about 4% on average.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BSAC:
- Santander Chile upgraded to Overweight from Neutral at JPMorgan
- Banco Santander Chile Calls April Shareholder Meetings and Names New Chairman
- Santander Chile upgraded to Outperform from Market Perform at Itau BBA
- Banco Santander-Chile Posts Solid February 2026 Results With Strong Loan Book and Earnings
- Banco Santander-Chile Issues USD 20 Million SOFR-Linked Bond Under EMTN Program
