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UBS Downgrades Borouge to Neutral, Lowers PT

MT Newswires·08/12/2026 08:30:47
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08:30 AM EDT, 08/12/2026 (MT Newswires) -- UBS on Wednesday lowered petrochemicals company Borouge (ADX:BOROUGE) to neutral from buy and decreased its price target to 2.45 Emirati dirhams from 2.65 dirhams. (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)