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Al Rajhi Capital Keeps Saudi Aramco at Overweight, Lowers PT

MT Newswires·11/05/2026 08:39:16
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08:39 AM EST, 11/05/2026 (MT Newswires) -- Al Rajhi Capital on Wednesday reduced the price target for state-owned oil giant Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, to 31 Saudi riyals from 33 riyals, while maintaining its overweight 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)