Markets wary amid tariffs, industrial cuts, and global tensions - Jul 7, 2025

Prysmian Daily News Update · Jul 8, 2025 · 2m

As of July 7, Prysmian received a "Hold" rating from Baptista Research, with a price target of 68.30 euros, suggesting a potential 15% upside from its last price, highlighting a cautious outlook on the stock. Turning to market updates, U.S. Treasury Secretary Scott Bessent indicated that significant trade announcements are expected within 48 hours as the country approaches a crucial tariff deadline. Following President Trump's declaration of impending higher tariffs, global trade talks intensified, prompting countries to present last-minute proposals to avert steep tariff increases. The…