Spanish Stock Market – Factors to Watch on October 19

Reuters, October 19 - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified these newspaper reports and cannot guarantee their accuracy:

Santander Bank SAN.MC

On Monday, Santander Bank stated (link) that the company is using Nvidia's NVDA.O artificial intelligence infrastructure to build AI capabilities that can enhance performance and reduce costs.

TUBOS REUNIDOS TUR.MC

According to Spain's Cinco Dias on Monday, all five bids for Tubos Reunidos' assets plan to cut its 1,300 staff members and adjust working conditions, while only one proposal suggests acquiring two factories for a symbolic 1 euro.

ENDESA ELE.MC

Jefferies (link) has raised its target price from 35 euros to 37 euros.

ENCE ENC.MC

Jefferies (link) has lowered its target price from 2.85 euros to 2.60 euros.

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