『Prysmian scores third upgrade, EU speeds EV review - Sep 12, 2025』のカバーアート

Prysmian scores third upgrade, EU speeds EV review - Sep 12, 2025

Prysmian scores third upgrade, EU speeds EV review - Sep 12, 2025

無料で聴く

ポッドキャストの詳細を見る

このコンテンツについて

 As of September 12, today’s news highlights a fresh round of target price upgrades for Prysmian and the European Commission’s decision to accelerate its review of the 2035 zero-emission target for cars and vans, amid broader economic trends. Prysmian secured a third target price upgrade in as many days, following increases from Bank of America and JP Morgan, with Citi now joining the list. Citi has raised its target price on Prysmian from 79 euros to 91 euros, confirming its “buy” rating. Analysts cited the positive impact of U.S. tariffs. In a related context, UBS strategists have suggested that European stocks, including Prysmian, may offer upside potential as indicators improve. They emphasize a preference for sectors tied to utilities, electrification, and renewables, highlighting Prysmian as a favored stock. Meanwhile, the European Commission will bring forward a review of its 2035 zero CO2 emission target for cars and vans to the end of this year from 2026, in response to automakers' appeals that a total shift to electric vehicles is no longer feasible. The European Union has set a target of 100% reduction of CO2 emissions for new cars and vans by 2035, which has been taken to mean the end of the internal combustion engine for new vehicles. Turning to broader market developments, aluminum producers in the EU are advocating for a 30% export levy on scrap metal to protect domestic markets from increasing foreign competition fueled by U.S. tariffs. This pushes the EU to reconsider its strategy toward raw materials and production costs within its borders. Copper prices have shown resilience, poised to reach a five-month high driven by supply shortages and softening dollar trends. Futures have increased, supported by easing job market data in the U.S. and expectations for future interest rate cuts, which bolster demand for industrial metals. On the regulatory front, the International Energy Agency (IEA) recently issued a report indicating a significant reduction in its 2030 forecast for low-emissions hydrogen production, lowering estimates by nearly a quarter. High-cost challenges and policy uncertainties have prompted many projects to be shelved, highlighting ongoing hurdles in the transition to greener energy sources. In global news, Malaysia, a hotspot for data centres, is reining in the pace of expansion in a move industry insiders and analysts expect will hinder China's efforts to gain access to powerful chips that are crucial to improving its artificial intelligence capabilities. Furthermore, Federal Reserve officials, already expected to cut interest rates next week, may also be closer to settling a months-long debate over the risks of stagflation after recent data showed longstanding weakness in hiring and easing inflation concerns.
まだレビューはありません