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Securities & Investment Downgrades Saudi Energy to Neutral, Lifts PT

MT Newswires·09/02/2026 08:38:46
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08:38 AM EDT, 09/02/2026 (MT Newswires) -- Securities & Investment Co. on Tuesday lowered electricity supplier Saudi Energy Co. (SASE:5110) to neutral from buy, while increasing its price target to 17.50 Saudi riyals from 16.30 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)