Latest / Prysmian Daily News Update
Jefferies lifts Prysmian target ahead of Q2 results - 7 Jul 2026
As of July 7, today’s news features market movements involving Prysmian's performance outlook and the rising costs of electricity for manufacturers due to the demand from data centers. Prysmian has received a favorable update from Jefferies, which maintained a "buy" rating and raised its price target from 176 euros to 178 euros. This adjustment follows a revision of earnings estimates, predicting an approximately 1% increase in EBITDA ahead of the upcoming quarterly report. Turning to broader market updates, the surge in power demand from data centers, particularly in America's Rust Belt, has…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.