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AlphaMena Downgrades Petro Rabigh to Reduce, Lifts PT

MT Newswires·07/14/2026 08:35:51
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08:35 AM EDT, 07/14/2026 (MT Newswires) -- AlphaMena on Tuesday downgraded oil refining and petrochemical company Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, to reduce from add and raised its price target to 15.40 Saudi riyals from 15.00 riyals. (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)