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Marcelo Trelles Upgraded (BSBR) to Hold on, Mar 18th, 2013


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Marcelo Trelles of Credit Suisse, Upgraded "Banco Santander (Brasil) S.A." (BSBR) to Hold on, Mar 18th, 2013.

Marcelo, nor any peers, have made any analyst calls on BSBR in the last 4 months.

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