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Santander upgraded at Deutsche Bank; up 2.75% premarket

Aug. 31, 2016 7:33 AM ETBanco Santander, S.A. (SAN) StockSANBy: Stephen Alpher, SA News Editor
  • Citing strong earnings momentum and an attractive valuation, Deutsche upgrades Banco Santander (NYSE:SAN) to Buy from Hold.
  • The stock's higher by 2.75% in active premarket action alongside a nice rally in the major European banks. Rumors of a Deutsche Bank/Commerzbank tie-up again made headlines today, though Deutsche CEO John Cryan quickly denied interest.

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