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AlphaMena Lifts Al Babtain Power and Telecommunications PT, Affirms Buy Rating

MT Newswires·01/02/2026 07:27:10
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07:27 AM EST, 01/02/2026 (MT Newswires) -- AlphaMena on Thursday raised the price target for Saudi Arabian power and telecommunications products company Al Babtain Power and Telecommunications (SASE:2320) to 85.90 Saudi riyals from 84.30 riyals and kept its rating at buy. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)