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HSBC Reduces Budget Saudi PT, Keeps Buy Rating

MT Newswires·07/16/2026 08:35:46
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08:35 AM EDT, 07/16/2026 (MT Newswires) -- HSBC on Wednesday reduced its price target for vehicle leasing and rental services company United International Transportation (SASE:4260), d/b/a Budget Saudi, to 45 Saudi riyals from 50 riyals, while maintaining its buy 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)