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Arqaam Capital Boosts Medgulf PT, Maintains Sell Rating

MT Newswires·07/20/2026 08:31:51
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08:31 AM EDT, 07/20/2026 (MT Newswires) -- Arqaam Capital on Sunday increased its price target for The Mediterranean and Gulf Cooperative Insurance and Reinsurance Co. (SASE:8030), d/b/a Medgulf, to 16.30 Saudi riyals from 7.31 riyals and kept its sell rating. (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)