Spanish stocks - Factors to watch on May 26

Azkoyen SA

26/05/2020 07:41

May 26 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Tuesday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
    
    PROSEGUR CASH  CASHP.MC  
    Prosegur Cash said on Tuesday that its first quarter net
profit fell to 28 million euros ($30.59 million) in 2020 from 31
million euros a year ago.  urn:newsml:reuters.com:*:nFWN2D800B
    
    IBERDROLA  IBE.MC  
    Goldman Sachs raised its recommendation on Iberdrola shares
to "buy" from "neutral".  urn:newsml:reuters.com:*:nFWN2D30DR
    
    TELEFONICA  TEF.MC  
    Barclays downgraded Spanish telecoms company Telefonica to
"equal weight" from "overweight" and cut its target price to 5
euros from 6.40 euros.  urn:newsml:reuters.com:*:nFWN2D805K The company's cyber-security
unit Elevenpaths signed a deal to provide consulting services to
Amazon's  AMZN.O  cloud unit, Spanish newspaper Cinco Dias
reported.
    
    AZKOYEN  AZK.MC  
    Spain's Azkoyen reported on Monday a 18.5% first quarter net
profit decline to 2.5 million euros from 3.0 million euros a
year before.  urn:newsml:reuters.com:*:nFWN2D706Y
    
    CELLNEX  CLNX.MC  
    Credit Suisse raised its target price to 52 euros from 44
euros.  urn:newsml:reuters.com:*:nFWN2D7038
    
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($1 = 0.9154 euros)

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