JPMorgan lifts Prysmian target as AI fiber demand accelerates - 27 May 2026

Prysmian Daily News Update · May 27, 2026 · 2m

As of May 27, today's news highlights significant developments concerning Prysmian, amid broader updates in the technology and energy sectors. Prysmian received a positive boost from JPMorgan, which maintained an "overweight" rating and raised the target price for the company's shares to 172 euros, up from 138 euros. This upgrade reflects the strong potential identified within Prysmian’s Digital Solutions segment, particularly tied to the growing demand for fiber optics linked to artificial intelligence, data centers, and hyperscalers. Meanwhile, large mutual funds and passive index funds are…