Prysmian soars on BofA upgrade, Orsted in turmoil - Sep 10, 2025

Prysmian Daily News Update · Sep 10, 2025 · 3m

As of September 10, today’s news features Bank of America’s upgrade of Prysmian’s target price, market dynamics in energy and commodities, and broader geopolitical scenarios. Bank of America has raised Prysmian’s target price from 77 euros to 91 euros, confirming a “buy” rating. Analysts see “significant positive impacts” on the group’s margins from the introduction of U.S. tariffs on aluminum and copper. Meanwhile, Equinor believes in offshore wind farm developer Orsted's core business but is not at a stage where the two will merge their renewables businesses, the Norwegian group's board…