BofA backs Prysmian as copper hits new highs - Dec 5, 2025

Prysmian Daily News Update · Dec 5, 2025 · 2m

As of December 5, today's news sees developments surrounding Prysmian, which saw a positive assessment from Bank of America, and market updates on copper. Bank of America has reaffirmed its “buy” rating on Prysmian, lifting its target price to 100 euros from 92 euros. The bank highlighted the group’s strong growth outlook in the transmission business and said tariff-driven benefits tied to electrification are likely to start feeding through in 2026. Turning to market updates, copper prices surged to a historic high, attributed to a revised positive outlook from Citi, alongside a weakened…