June 30 (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:
REDEIA REDE.MC
Redeia will make record investments to strengthen the power system after a massive blackout hit Spain and Portugal in April, Chairwoman Beatriz Corredor said in an interview published by Expansion on Monday, adding that she does not plan to resign.
IBERDROLA IBE.MC
Iberdrola's unit Scottish Power and rival Ovo Energy have begun talks about a merger, Britain's Sky News reported on Saturday. Iberdrola denied this operation was being evaluated, newspaper Expansion reported on Monday.
TELEFONICA TEF.MC
Barclays cut Telefonica's target price to 4.7 euros from 4.8 euros.
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