Spanish stocks - Factors to watch on Nov 9

Telefonica SA

Mon 07:33

Nov 9 (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:

IBERDROLA IBE.MC 
Iberdrola said on Sunday it launched a programme to renew and upgrade 1,300 km of electricity transmission lines in New York state.

ACS ACS.MC
ACS on Saturday said it had not considered launching a takeover bid for its German unit Hochtief HOTG.DE, nor selling shares in its US unit Turner.

ALMIRALL ALM.MC 
Almirall posted nine-month net profit of €53.3 million and EBITDA of €221.7 million, and reiterated its 2026 guidance.

INDRA IDR.MC, TELEFONICA TEF.MC
The Catalan government is seeking partners including Indra and Telefonica to cover €116 million in funding for Openchip after state digital investment vehicle SETT unexpectedly withdrew from the project, Spanish newspaper El Confidencial reported on Monday, citing sources in Catalonia's technology sector.

AMADEUS AMA.MC 
Barclays raised its target price for Amadeus to €75 from €66.

IAG ICAG.L 
Barclays raised its target price for IAG to 575p from 525p.

CELLNEX CLNX.MC 
Barclays raised its target price for Cellnex Telecom to €40 from €38.


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