Spanish stocks - Factors to watch on March 21
21/03/2022 07:05
March 21 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Monday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
ORYZON ORY.MC
Spain's biopharmaceutical Oryzon received on Monday FDA's
approval for an Investigational New Drug application (IND) for
FRIDA, a clinical trial for the treatment of leukemia with
iadademstat. urn:newsml:reuters.com:*:nFWN2VM06R
ENCE ENC.MC
Spain's Ence is studying an IPO of its energy subsidiary
Magnon in the coming years as soon as its earnings before
interest, taxes, depreciation and amortization reaches 100
million euros ($110.34 million), economic newspaper Expansion
reported on Monday.
SANTANDER SAN.MC
Jefferies upgraded Santander's rating to "buy" from "hold"
and raised its target price to 3.8 euros from 3.7 euros.
urn:newsml:reuters.com:*:nFWN2VO05M
CAIXABANK CABK.MC
Jefferies cut Caixabank's valuation to "hold" from "buy";
brokerage also cut its target price to 3.5 euros from 3.9 euros
urn:newsml:reuters.com:*:nFWN2VO030
Separately, Citigroup cut the bank's target price to 3.45
euros from 3.6 euros. urn:newsml:reuters.com:*:nFWN2VO03F
SABADELL SABE.MC
Jefferies raised Sabadell to "buy" from "hold" and cut its
target price to 0.9 euros from 1 euro. urn:newsml:reuters.com:*:nFWN2VO00C
Citigroup also cut the bank's target price to 0.82 euros
from 1.05 euros. urn:newsml:reuters.com:*:nFWN2VO00W
BBVA BBVA.MC
Jefferies cut BBVA'S target price to 7.4 euros from 7.6
euros. urn:newsml:reuters.com:*:nFWN2VO00E
BANKINTER BKT.MC
Citigroup cut Bankinter's target price to 5.4 euros from
6.35 euros. urn:newsml:reuters.com:*:nFWN2VO061
ATRESMEDIA A3M.MC
JPMorgan downgraded broadcaster Atresmedia to "neutral" from
"overweight" amid Ukraine crisis slowing advertising or earnings
momentum. urn:newsml:reuters.com:*:nL5N2VL440
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