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Al Rajhi Capital Reduces Riyadh Cables Group's PT, Keeps at Overweight

MT Newswires·09/02/2026 08:39:10
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08:39 AM EDT, 09/02/2026 (MT Newswires) -- Al Rajhi Capital on Tuesday decreased the price target for cable manufacturer Riyadh Cables Group (SASE:4142) to 126.10 Saudi riyals from 149 riyals and reiterated its overweight 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)