Spanish stocks - Factors to watch on Nov 9

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:


The company reported 9-month net profit of 57.1 million euros versus 97.3 million euros year ago and reiterated FY 2020 guidance.


The company said it incorporated a promissory notes program for 100 million euros.


According to the Spanish newspaper Cinco Dias a Russian tycoon Fridman will increase capital in DIA by at least 200 million euros and he asks banks for more time.


Gigas buys MasMovil’s business in Portugal, Cinco Dias reported on Monday.


According to Cinco Dias the company has won a contract to modernise a railway network in Portugal, with a budget of 57.6 million euros.


Moody’s announces completion of a periodic review of ratings of British Airways, Plc EETCs.


JP Morgan raises target price to EUR 28 from EUR 25.


JP Morgan raises target price to EUR 50 from EUR 40.


HSBC cuts target price to EUR 6.6 from EUR 7.1.

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