BofA sees Atkore deal boosting Prysmian earnings - 4 Aug 2026

Prysmian Daily News Update · Aug 4, 2026 · 2m

As of August 4, today’s news features developments in Prysmian's strategic positioning and potential regulatory changes in the technology sector. Bank of America has reaffirmed its "buy" rating for Prysmian, setting a target price of 180 euros following the company's acquisition of the U.S. firm Atkore for 3.3 billion euros. Analysts project that this acquisition could enhance Prysmian's earnings per share by 7-10% in 2026-2027 and solidify its footprint in the U.S. market, citing potential synergies of approximately 150 million euros. Regulatory developments are also making waves…