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Santander Downgrades Shell to Neutral, Trims PT

MT Newswires·11/10/2026 08:28:59
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08:28 AM EST, 11/10/2026 (MT Newswires) -- Santander on Tuesday downgraded oil and gas giant Shell (SHEL.L, SHELL.AS) to neutral from outperform and decreased its price target to 41.00 pounds sterling from 41.50 pounds. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)