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EFG-Hermes Brokerage Lowers Alec Holdings PT, Keeps Buy Rating

MT Newswires·09/02/2026 08:40:17
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08:40 AM EDT, 09/02/2026 (MT Newswires) -- EFG-Hermes Brokerage on Tuesday reduced the price target for Dubai-based engineering and construction group Alec Holdings (DFM:ALEC) to 1.65 Emirati dirhams from 1.90 dirhams, while keeping 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)