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AlphaMena Upgrades Petro Rabigh to Buy, Trims PT

MT Newswires·11/11/2026 08:30:16
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08:30 AM EST, 11/11/2026 (MT Newswires) -- AlphaMena on Tuesday upgraded oil refining and petrochemical company Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, to buy from add and reduced the price target to 19.00 Saudi riyals from 19.90 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)