Update 25.6.2025

Prysmian Daily News Update · Jun 25, 2025 · 2m

Tensions and developments in various sectors have shaped the day's news narrative. Some highlights from the news reveal Deutsche Bank's bullish stance on Italian cable manufacturer Prysmian and France's Nexans, initiating coverage with a buy rating fueled by the growth in electricity demand. This announcement spurred a surge in their stock prices, with Prysmian rising over 4% and Nexans not far behind, as strong earnings momentum and impressive backlogs are expected to drive further market appreciation, despite valuation discounts triggered by recent sell-offs linked to geopolitical tensions…