Prysmian target lifted as Hormuz tensions disrupt LNG flows - Apr 7, 2026

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

As of April 7, today’s news features significant developments in energy geopolitics, particularly the escalating conflict involving Iran and its implications for global energy markets, alongside positive financial news for Prysmian. Prysmian has received an upward revision in its target price from Morgan Stanley, raising it from 75 euros to 95 euros while maintaining an equal-weight rating. In the international arena, China's President Xi Jinping has called for accelerated development of a new energy system amidst ongoing conflict in the Middle East, asserting the need for energy security and…