Morgan Stanley Trims Luberef's PT, Affirms Overweight Rating

08:38 AM EDT, 10/16/2026 (MT Newswires) -- Morgan Stanley on Friday reduced the price target for base oil producer Saudi Aramco Base Oil Co. (SASE:2223), d/b/a Luberef, to 143.50 Saudi riyals from 146.00 riyals and kept its rating at overweight. (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)