What changed in the SAN analyst rating on Feb 23, 2026?

Santander maintained a **Buy** on SAN on Feb 23, 2026; separately, Deutsche Bank raised its SAN price target to **EUR 11.50** from **EUR 9.80**. The combination indicates steady support with a higher upside view.

How should investors interpret the Deutsche Bank price target increase?

A higher SAN price target implies Deutsche Bank expects better earnings or capital returns. Investors should view it as added upside potential but compare it with other broker targets and macro risks before acting.

Does the SAN analyst rating affect dividend expectations?

Maintained Buy and higher targets improve confidence in dividend continuity, but dividend safety depends on earnings, capital ratios, and regulator guidance. Analysts’ ratings are one input among many for dividend assessments.

How reliable is the Meyka AI grade for SAN?

Meyka AI rates SAN with a grade of **B+**, combining benchmark and sector comparisons, growth metrics, and analyst consensus. Grades guide research but are not guarantees and are not financial advice.

Analyst Ratings

Santander Maintains Buy on SAN (Banco Santander, S.A.) Feb 23, 2026

ByDanny Kontos February 24, 2026

Santander maintained a Buy on SAN on February 23, 2026, the latest SAN analyst rating update and the main signal for investors today. The move keeps Santander’s endorsement steady while external brokers pushed price targets higher, including Deutsche Bank raising its target to EUR 11.50 from EUR 9.80. The asset has slipped 2.71% since the noted change, reflecting short-term selling pressure despite the upgraded price view. Meyka AI rates SAN with a grade of B+. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.