Analysts boost Prysmian while UK wind accelerates - Jan 14, 2026

As of January 14, today’s news features significant updates on Prysmian's performance in the stock market and developments in the offshore wind sector in the UK. Prysmian shares rose after a pre-close fourth-quarter conference call with analysts, during which management expressed confidence about meeting its targets. The stock gained 3.2% to 89.1 euros. Jefferies reiterated its buy rating on the stock and raised its target price by 12% to 104 euros, while Citi confirmed its buy recommendation with a target price of 91 euros. Meanwhile, UK Energy Secretary Ed Miliband is set to announce a major expansion of offshore wind farms aimed at fulfilling the government's 2030 clean energy commitment. This plan includes constructing hundreds of giant turbines funded through long-term subsidy contracts. Furthermore, RWE and KKR have partnered for a 15 billion dollars investment in RWE's Norfolk Vanguard offshore wind projects, underscoring the ongoing investment activity in the renewable sector as RWE continues to emerge as a key player in the UK market. Additionally, SSE has secured a 20-year contract for 1.4GW from the Berwick Bank Wind Farm project, which is part of a series of recent auctions that have outperformed expectations and aim to fortify the UK's energy independence. In Italy, Prime Minister Giorgia Meloni is preparing to extend the tenure of Claudio Descalzi as CEO of Eni, a move marked by an intent to maintain continuity amid global energy transitions. Meanwhile, Japan's nuclear regulator has paused the review of Chubu Electric's nuclear plant following revelations of falsified seismic data, signaling ongoing scrutiny in energy safety standards. On the global stage, US banking giants reported significant profit increases in the fourth quarter, driven by increased loan demand, indicating a healthy economic environment that could bode well for continued lending growth.