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AlphaMena Lifts Saudi Steel Pipe Co. PT, Maintains Add Rating

MT Newswires·08/27/2026 08:34:02
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08:34 AM EDT, 08/27/2026 (MT Newswires) -- AlphaMena on Thursday increased the price target for welded steel pipes manufacturer Saudi Steel Pipe Co. (SASE:1320) to 56.40 Saudi riyals from 55.40 riyals, while affirming 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)