Berenberg upgrades Prysmian to Buy, lifts target - 7 Aug 2026

Prysmian Daily News Update · Aug 7, 2026 · 2m

As of August 7, today’s news sees significant upgrade for Prysmian, developments in renewable energy policies, and international trade dynamics. Prysmian has received a bullish outlook from Berenberg, which has raised its recommendation from hold to buy, setting a new price target of 150 euros. Meanwhile, Norway's government on Friday presented plans to cut red tape and shorten processing of applications to build new onshore wind power plants and transmission lines, amid concerns that a slow buildout in recent years could curb economic activity. The Labour Party government aims to cut in half…