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AlphaMena Downgrades Almarai to Reduce Rating, Trims PT

MT Newswires·08/28/2026 08:42:40
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08:42 AM EDT, 08/28/2026 (MT Newswires) -- AlphaMena on Friday downgraded food and beverage company Almarai Co. (SASE:2280) to reduce from add and lowered its price target to 52.70 Saudi riyals from 53.70 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)