Morgan Stanley Lifts Luberef PT, Keeps Overweight Rating

08:28 AM EST, 12/03/2025 (MT Newswires) -- Morgan Stanley on Wednesday increased the price target for base oil producer Saudi Aramco Base Oil Co. (SASE:2223), d/b/a Luberef, to 130 Saudi riyals from 128.50 riyals, while reiterating 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)