Banco Santander shares rise 1.21% premarket after Deutsche Bank reaffirms Buy rating and raises target price.

Banco Santander, S.A. rose 1.21% in premarket trading. Deutsche Bank reaffirmed its Buy rating on the stock, raising the target price from EUR 7.50 to EUR 8.20. This positive outlook from a major financial institution likely contributed to the stock's upward movement.