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AlphaMena Upgrades Saudi Steel Pipe to Add, Lifts PT

MT Newswires·07/20/2026 08:33:31
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08:33 AM EDT, 07/20/2026 (MT Newswires) -- AlphaMena on Monday upgraded welded steel pipes manufacturer Saudi Steel Pipe Co. (SASE:1320) to add from reduce and increased its price target to 56.30 Saudi riyals from 55.20 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)