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Prysmian: stock rises on broker upgrade

(CercleFinance.com) - Prysmian shares are up 1%, just outperforming the slightly negative trend in Milan today, helped by a recommendation upgrade (from 'neutral' to 'buy') from UBS, with a target price maintained at E70 for the Italian cable manufacturer's stock.


Prysmian shares have fallen in value, creating an attractive entry point ahead of its March CMD, with solid growth prospects and management that is appreciated, the broker points out.


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