AlphaMena Lowers Emaar Development PT, Keeps Buy Rating

08:30 AM EDT, 08/21/2026 (MT Newswires) -- AlphaMena on Friday reduced the price target for real estate developer Emaar Development (DFM:EMAARDEV) to 16.50 Emirati dirhams from 18.10 dirhams, while maintaining 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)