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AlphaMena Downgrades Saudi Electricity Co. to Add, Cuts PT

MT Newswires·12/05/2025 07:32:59
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07:32 AM EST, 12/05/2025 (MT Newswires) -- AlphaMena on Thursday downgraded electricity supplier Saudi Electricity Co. (SASE:5110) to add from buy and decreased its price target to 16.10 Saudi riyals from 21.20 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)