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Morgan Stanley Reduces Borouge PT, Maintains Equalweight Rating

MT Newswires·07/16/2026 08:32:38
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08:32 AM EDT, 07/16/2026 (MT Newswires) -- Morgan Stanley on Wednesday reduced its price target on petrochemicals company Borouge (ADX:BOROUGE) to 2.7 Emirati dirhams from 2.9 dirhams and kept its equal weight 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)