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Prysmian: Stifel remains Buy, adjusts its target
(CercleFinance.com) - Stifel reaffirms its 'buy' recommendation on Prysmian, with an adjusted price target of €75.
2 to €73.3, in the wake of 2024 results that 'met consensus on EBITDA, with stronger FCF and lower earnings on exceptional items'. We believe that the share price has overreacted negatively to a publication that was broadly in line with expectations, offering an entry point before the March 26 investor day," says the broker in its note on the Italian cable manufacturer. Copyright (c) 2025 CercleFinance.com. All rights reserved. The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy. |
03/03/2025 13:00
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