Prysmian backed by Enedis deal as copper slips and wind woes weigh on Siemens Energy - Feb 16, 2026

Prysmian Daily News Update · Feb 16, 2026 · 2m

As of February 16, today’s news sees developments in the energy sector and strategic corporate actions, surrounding Prysmian and competitors within the telecommunications and energy infrastructure markets. Equita Sim has reiterated its hold recommendation on Prysmian and confirmed its 96 euros target price. Analysts noted that Prysmian's framework agreement with Enedis enhances its positioning in the medium-voltage cable market in France. Meanwhile, copper prices softened today due to a firmer dollar and as the market focused on rising inventories and weak demand prospects in holiday-thinned…