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AlphaMena Cuts Sabic's PT, Maintains Add Rating

MT Newswires·08/14/2026 08:30:13
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08:30 AM EDT, 08/14/2026 (MT Newswires) -- AlphaMena on Thursday lowered the price target for petrochemicals manufacturer Saudi Basic Industries (SASE:2010), d/b/a Sabic, to 54.40 Saudi riyals from 65.10 riyals and affirmed its add 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)