Grupo Santander Upgrades Galp Energia to Outperform, Lowers PT

07:39 AM EST, 12/16/2025 (MT Newswires) -- Grupo Santander on Tuesday upgraded Portuguese energy company Galp Energia (GALP.LS) to outperform from neutral and decreased its price target to 17 euros from 19 euros. (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)