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Morgan Stanley Trims Saudi Aramco's PT, Affirms Equalweight Rating

MT Newswires·07/10/2026 08:36:42
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08:36 AM EDT, 07/10/2026 (MT Newswires) -- Morgan Stanley on Thursday lowered the price target for Saudi state-owned oil giant Saudi Arabian Oil Co (SASE:2222), d/b/a Saudi Aramco, to 27.40 Saudi riyals from 28.40 riyals and kept its rating at equal weight. (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)