Prysmian hits record high amid tariff turmoil - Aug 7, 2025

Prysmian Daily News Update · Aug 7, 2025 · 2m

As of August 7, today’s news features Prysmian reaching a historic high in its stock price and relevant developments in global trade dynamics following tariff changes imposed by the U.S. Prysmian has achieved a new all-time high, trading at 73.98 euros per share shortly after the opening of Wall Street, marking a 4.4% increase close to the end of European trading. This surge is also attributed to a positive reevaluation by analysts at Jefferies, who have raised their target price from 72 euros to 84 euros. The company's competitive edge stems from its U.S. manufacturing capabilities, which…