Analysts lift Prysmian targets on U.S., AI strength - Oct 31, 2025

As of October 31, today’s news is dominated by a series of positive analyst revisions on Prysmian, reflecting growing confidence in the group’s U.S. momentum and exposure to the data center boom. HSBC raised its price target on Prysmian to 105 euros from 100 euros, reaffirming a Buy rating. The bank said the cable maker is set to benefit from U.S. tariff measures through market share gains, while also citing strong demand from the data center sector as a key growth driver. Mediobanca Research lifted its target price to 96 euros from 82 euros, keeping an Outperform rating on the stock. Deutsche Bank reiterated its Buy rating with a price target of 97 euros, while Intermonte maintained a Neutral stance with a target price of 85 euros. Turning to market trends, the broader financial landscape reflects some pressure on raw materials. Copper prices are taking a hit, influenced by disappointing industrial data from China and a stronger dollar, which has seen prices retreat after recently achieving record highs. Moreover, the continued electrification of vehicles in China has led to a notable decline in gasoline consumption during what is typically a peak travel season. From the international front, developments in nuclear energy are capturing attention as the Trump administration announced a substantial agreement aimed at facilitating the deployment of new reactors in the U.S. Critics, however, are raising concerns about the environmental impact and safety of this ambitious plan. Finally, Russia has in recent months attacked Ukraine with a cruise missile whose secret development prompted Donald Trump to abandon a nuclear arms control pact with Moscow in his first term as U.S. president, Ukraine's foreign minister said.