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Morgan Stanley Cuts Sipchem PT, Keeps Overweight Rating

MT Newswires·10/23/2026 08:36:45
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08:36 AM EDT, 10/23/2026 (MT Newswires) -- Morgan Stanley on Friday decreased the price target for chemical company Sahara International Petrochemical Co. (SASE:2310), d/b/a Sipchem, to 14 Saudi riyals from 18 riyals, while reiterating 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)