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Jefferies Lowers Sabic PT, Keeps Hold Rating

MT Newswires·10/12/2026 08:36:36
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08:36 AM EDT, 10/12/2026 (MT Newswires) -- Jefferies on Sunday reduced its price target for petrochemicals manufacturer Saudi Basic Industries Corp. (SASE:2010), d/b/a Sabic, to 50 Saudi riyals from 54 riyals, with an unchanged hold 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)