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Arqaam Capital Downgrades Savola Group to Hold, Cuts PT

MT Newswires·12/19/2025 07:35:00
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07:35 AM EST, 12/19/2025 (MT Newswires) -- Arqaam Capital on Thursday lowered Saudi food and retail holding company Savola Group (SASE:2050) to hold from buy and decreased its price target to 29 Saudi riyals from 40 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)