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Goldman Sachs Reduces Zain KSA PT, Keeps Sell Rating

MT Newswires·11/02/2026 08:33:56
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08:33 AM EST, 11/02/2026 (MT Newswires) -- Goldman Sachs on Monday decreased the price target for telecommunications company Mobile Telecommunications Co. Saudi Arabia (SASE:7030), d/b/a Zain KSA, to 8.50 Saudi riyals from 9.40 riyals, while reiterating its sell 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)