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AlphaMena Upgrades Saudi Steel Pipe to Buy Rating, Lifts PT

MT Newswires·01/07/2026 08:31:35
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08:31 AM EST, 01/07/2026 (MT Newswires) -- AlphaMena on Tuesday raised its rating for steel pipes manufacturer Saudi Steel Pipe (SASE:1320) to buy from add and increased its price target to 49.10 Saudi riyals from 48.10 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)