HSBC Lifts Ades Holding PT, Affirms Buy Rating

07:38 AM EST, 12/16/2025 (MT Newswires) -- HSBC on Tuesday increased the price target for drilling services company Ades Holding (SASE:2382) to 20 Saudi riyals from 19 riyals, 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)