Goldman backs Prysmian as Eaton bets on AI data boom - Nov 3, 2025

Prysmian Daily News Update · Nov 3, 2025 · 3m

As of November 3, today’s news sees moves in the energy and infrastructure sectors, led by Goldman’s upgrade on Prysmian and Eaton’s latest multibillion-dollar acquisition in the data center space. Goldman Sachs raised its price target on Prysmian to 102 euros from 99, reaffirming a Buy rating. The bank also added Prysmian to its European Conviction List. Meanwhile, Eaton will acquire Boyd Corporation's thermal business from Goldman Sachs Asset Management for 9.5 billion dollars, the fourth deal this year for the power management firm seeking to bolster its data center segment to cater to AI…