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Sadif Investment Analytics Downgrades Saudi Steel Pipe to Hold, Raises PT

MT Newswires·10/23/2026 08:39:29
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08:39 AM EDT, 10/23/2026 (MT Newswires) -- Sadif Investment Analytics on Thursday downgraded welded steel pipes manufacturer Saudi Steel Pipe Co. (SASE:1320) to hold from strong buy and raised its price target to 51.176 Saudi riyals from 47.75 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)